Dr. Phil McGraw lost control of Merit Street Media after a bankruptcy judge ordered Chapter 7 liquidation on a failed $500 million television project.

A month after a weekslong hearing on the motion to dismiss or to convert Merit Street Media’s Chapter 11 bankruptcy, U.S.

McGraw is well-known for many things, including his recent bankruptcy case. Here’s some things you might not know.

A bankruptcy judge reportedly ruled Dr. Phil's Merit Street Media company assets will be converted to a Chapter 7 liquidation instead of Chapter 11.

EXCLUSIVE: A year ago Dr. Phil and Trinity Broadcasting Network CEO Matthew Crouch sat together warning “the family in America is under attack” and of the ravages of “cancel culture.” Cut to 2025 and ...