“Jack’s Donuts, the beloved Midwest donut chain, has filed for Chapter 11 bankruptcy in 2025. This video breaks down what this means for franchise owners, customers, and the future of the chain. Despite liabilities over $14 million, the company assures that its stores will remain open. Learn the reasons behind the bankruptcy, including operational challenges, franchisee concerns, and legal disputes. Stay informed on how legacy food brands navigate Chapter 11 and what it could mean for your local donut shop.