TV host Dr. Phil attempted to file for Chapter 11 bankruptcy for his media startup—but a judge ruled that he must liquidate the company.

A federal judge ordered that a bankruptcy proceeding for Dr. Phil McGraw’s Merit Street Media, the TV personality’s failed television network venture, be converted to a Chapter 7 liquidation — saying ...

Famous internet and TV personality Dr. Phil is now amidst a Chapter 11 Bankruptcy case, and it seems like he might be losing ...

Dr. Phil, whose full name is Phil McGraw, cannot keep the bankruptcy of his media startup Merit Street Media in Chapter 11, ...

Lawyers for Merit Street Media are expected to appeal the ruling, which installs a chapter 7 trustee with the power to sue.