Bankruptcy filings have been climbing as Americans continue to grapple with several looming economic issues, including persistent inflation and high interest rates on borrowing options. When you ...

Chapter 7 bankruptcy is a legal process designed to help people who genuinely cannot pay their debts. It’s often called “liquidation bankruptcy” because it can involve selling some property to pay ...

Americans filed hundreds of thousands of bankruptcy petitions over the past year, with Chapter 7 representing a large percentage of those cases. That makes sense considering that Chapter 7 is ...

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 ...

Could your debt be reduced or forgiven? Take our financial relief quiz. There is no minimum debt requirement to qualify for Chapter 7 bankruptcy, according to U.S. bankruptcy law. In most cases, it ...

Stoli Group filed to convert two of its U.S. companies from chapter 11 to chapter 7 bankruptcy after the company could not reach a restructuring agreement with its senior lender. Control of Stoli ...

View post: Ann Taylor is offering up to 60% off on totes, clutches, shoulder bags, and more, starting at just $20 Multiple Italian and pizza chains filed for bankruptcy or debt restructuring in 2025.

Diamond Comic Distributors Inc., the debtor in the long-running Chapter 11 bankruptcy, is now heading toward Chapter 7, with the debtor requesting that the U.S. Bankruptcy Court in Maryland convert ...

View post: Walmart's bestselling $80 3-pack of hoodies is just $35, and shoppers love the 'way they fit, feel, and look' K&W Cafeterias closed all nine locations on December 1, 2025, after 88 years.