Houseware chain At Home is the latest business to file for Chapter 11 bankruptcy this year, following companies like Forever 21 and Joann , according to media reports.

At Home has over 260 stores across the U.S., with nine located in Illinois.

Here's what we know.

At Home files for bankruptcy

The home decor store will continue to operate as usual, according to a report from CNN , while the company navigates the Chapter 11 process.

At Home will eliminate almost all of its approximately $2 billion debt and receive an additional $200 million to keep the business operational, thanks to an agreement with their lenders.

Will At Home close stores following bankruptcy?

Prior to the bankruptcy filing, At Home announced plans to close at least 20 stores, The Wall Street Journal reported .

Recent court filings also indicate that 26 stores will close by Sept. 30. That includes Illinois locations in Peoria and Crestwood.

At Home stores in Illinois

Find your nearest At Home store on the chain's website .

(This story was updated to add additional information.)