The two most common types of bankruptcy for individuals are Chapter 7 and Chapter 13, each with its own eligibility criteria ...

Kohl’s has faced significant challenges in recent months during which it has seen leadership changes amid dismal earnings reports and economic headwinds.

The retailer cut a pre-packaged deal with its lenders and was able to exit its tour of bankruptcy proceedings one month later. The deal with creditors allowed it to keep open 815 stores ...

In addition, Barna recommended smart debt management strategies, including lowering interest rate payments and maintaining a six-month savings cushion to avoid bankruptcy. “In short ...

One major disadvantage of debt settlement is that the government may tax forgiven or canceled debt as income. This could eat ...

Newham town hall is blaming a £157 million budget gap caused by the spiralling cost of providing temporary accommodation for ...

Bankruptcy is a legal process to help individuals and businesses manage overwhelming debt. While it provides a path to financial relief, the decision to file bankruptcy requires careful scrutiny ...