Delays in insolvency proceedings not only frustrate the bankruptcy process, but also increase administrative expenses, which ...

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

Diamond Comic Distributors’ bankruptcy filing last week could mean layoffs and the closure of its Hunt Valley headquarters if ...

in negotiations with its creditors to reach an agreement to resolve its financial situation and avoid bankruptcy, the digital portal Bolsamania.com reported yesterday. The company specialising in the ...

Filing for bankruptcy can be a daunting decision and is often viewed as a last resort for those struggling under the weight ...

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

The Insolvency Department says some individuals abuse their bankrupt status to avoid burdensome loan repayments for large ...

In Steamboat Springs, Colo., a C.C.R.C. called Casey’s Pond entered court-ordered receivership last summer. Since sold to a ...

A councillor has said the government needs to urgently help their authority with adult care costs, to avoid bankruptcy.

Many Americans are struggling financially, despite what their social media highlights show. According to the most recent ...

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

When a company enters bankruptcy, its assets are often sold to the highest or best bid. Secured lenders — those who have perfected liens on ...