FlexShopper, Inc. along with its seven affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the District of Delaware on December 22, 2025. The debtor listed both its assets and liabilities of less than $0.05 million. The debtor is represented by Robert J. Dehney of Morris, Nichols, Arsht & Tunnell as its legal counsel.

The debtor also hired GlassRatner Advisory & Capital Group, LLC as financial advisory, Two Roads Advisors LLC as investment banking, and Epiq Corporate Restructuring, LLC as claims agent, administrative agent, and solicitation services.