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 ...

Drowning in debt? Both Chapter 7 and Chapter 13 bankruptcy could offer relief, but they work very differently.

When a company files Chapter 7 bankruptcy, it means the brand will be liquidated. That could result in a new beginning, if a new business or operator buys the brand and revives it. In theory, that can ...

If you’re exploring bankruptcy, that probably means your debt situation is serious. It can be really frustrating to find out that bankruptcy cases cost money. If you had money, you might not need ...

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 ...

NEW YORK — A U.S. spirits producer known for its flavored whiskey and ready-to-drink products has filed for Chapter 7 bankruptcy, marking one of several recent liquor industry liquidations as sales ...

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: Nike's Metro Tek running shoes are on sale for $45 for a limited time at Macy's Several whiskey distilleries filed for bankruptcy this year, blaming inflation and changing consumer attitude ...

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 ...

SEVIERVILLE, Tenn. (WATE) — A cabin owner in Sevier County wants his deposit back for kitchen cabinets and a countertop that he paid for in September. They were to be delivered and set up in ...