Corporations, limited liability companies (LLCs), and other businesses can file for protection under either Chapter 7 or Chapter 11 of the Bankruptcy Code. While a Chapter 11 bankruptcy can lead to ...

Chapter 7 bankruptcy offers relief from your debt, but the limitations of this approach can impact your finances.

When a company files Chapter 7 bankruptcy, it means the brand will be liquidated. That could result in a new beginning, if a new business or operator buys the brand and revives it. In theory, that can ...

As the last days of 2025 wind to a close, many industries have seen a number of high-profile bankruptcies in a challenging economy. In the airline world, travel companies and passengers are still ...

Americans are in a tough spot right now when it comes to debt. According to the latest Household Debt and Credit Report, the total household debt hit $18.2 trillion in Q1 2025, and credit card ...