Bankruptcy can discharge or restructure most credit card debt, but there are exceptions. For example, luxury purchases or ...

Understanding how bankruptcy works and when to file for bankruptcy is critical in determining whether it’s the right step for you. Bankruptcy is a legal process that helps individuals overwhelmed by ...

If you're planning to file for bankruptcy, it's important to understand the minimum debt requirements beforehand.

Bankruptcy courts are vigilant about ensuring the process is not abused. As a result, concealing assets, making fraudulent ...

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

The company’s filing for bankruptcy comes weeks after they furloughed workers and halted operations at facilities in Oklahoma.

Bankruptcy proceedings can give you some much-needed breathing room, but they also come with serious financial ramifications ...

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

The airline is cutting jobs as it works to reduce costs following its November Chapter 11 bankruptcy filing. There are fears ...

Colorado recorded 7,682 bankruptcy filings in 2024, compared with 6,081 the prior year. Individual filings totaled 7,536, up ...

It’s also engaging with key stakeholders to finalize necessary funding for the Chapter 11 bankruptcy process. The bankrupt firm listed nearly $230 million in workforce obligations, including ...

today issued the below statement in response to Prospect Medical Group’s ("Prospect") decision to commence an in-court restructuring process under Chapter 11 of the U.S. Bankruptcy Code.