There are two main types of business bankruptcies in the U.S.: Chapter 7, or “liquidation bankruptcy,” and Chapter 11, or “rehabilitation bankruptcy.” Learn how they differ.

Before filing for bankruptcy, you need to know what debts must be disclosed and what happens if you leave some out.

Mark Henricks has written on mortgages, real estate and investing for many leading publications. He works from Austin, Texas, where he engages in songwriting, wilderness backpacking, whitewater ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Right off the bat, let's dispense with bankruptcy's stigma. While the notion of erasing ...

Filing Chapter 7 bankruptcy, however, means the company will be liquidated. A buyer could emerge that continues operations, but the company can just as easily be sold for parts. Opa Restaurant Group, ...

BENNINGTON — The Southern Vermont College trustees have once again voluntarily entered the former college into the Chapter 7 bankruptcy process — likely heading toward an auction of real estate and ...

In a "highly unusual" move, a lender to embattled San Jose Sharks star Evander Kane sued the winger for $15 million, plus attorney fees, in the latest chapter of his tangled bankruptcy case. In ...

Filing for bankruptcy should be a last resort, but it can give you a fresh start. There are different kinds of bankruptcy you can file; the one you choose depends on what you’re eligible for and how ...

Bankruptcy is one of those topics that nobody wants to become an expert in, but sometimes you have no choice. The good news is that compared to 2021, there have been fewer bankruptcies in the U.S. in ...