4 of 8
BACKNEXT
Bally Total Fitness - Two times
Bally Total Fitness - Two times
While repetition is usually lauded at the gym, it's never a good look when a company files for bankruptcy more than once.

Bally Total Fitness, a Chicago-based chain of more than 300 health clubs, filed its second Chapter 11 in less than two years last December, citing a heavy debt load and the credit crisis.

Bally, which recently won approval for a reorganization plan that would enable it to emerge from bankruptcy, isn't the only gym that needs to trim some fat: its competitor Crunch Fitness also filed for bankruptcy this spring.

NEXT: Continental - Two times
Last updated August 25 2009: 10:25 AM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
More Galleries
50 years of the Ford Mustang Take a drive down memory lane with our favorite photos of the car through the years. More
8 CEOs who took a pay cut in 2013 Median CEO pay inched up 9% in 2013 to $13.9 million. But not everyone got a bump last year. Here are eight CEOs who missed out. More
10 best convertibles now that spring has sprung It's finally time to put the top down. Here are our 10 favorite rides for the warmer months to come. More
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.