Dr. Phil McGraw's Merit Street Media is facing tough times as it files for Chapter 11 bankruptcy while simultaneously suing its distribution partner, Trinity Broadcasting, for breach of contract.

The multiplatform network owned by the once popular talk show host is facing financial struggles for which it finds its partner, Trinity Broadcasting Network, at fault.

Dr. Phil’s TV network, Merit Street Media, filed for bankruptcy on Wednesday and sued Christian television giants Trinity Broadcasting Network and TCT Ministries for allegedly harming its ...