Tuesday Morning Corporation, along with its six affiliates, filed a voluntary petition for reorganization under Chapter 11 in the US Bankruptcy Court for the Northern District of Texas on February 14, 2023. The debtor listed its assets of $0 and liabilities of $69.73 million. The debtor is represented by Kevin M. Lippman and Julian Preston Vasek of Munsch, Hardt, Kopf & Harr, P.C. as its legal counsel.

The debtor also hired Piper Sandler as its financial advisor. Sheryl Betance of Stretto, Inc. acted as claims, noticing, and solicitation agent.