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

First Brands is considering Chapter 7 liquidation for some units as cash shortages intensify. Mediation continues over collateral disputes and the impact of fraud allegations on the restructuring.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But figuring out what counts as too much isn't as simple as checking a ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. So, if you've been considering whether bankruptcy is the right move for ...

The 38-year-old mattress retail chain will liquidate and close its 45 stores after a judge ordered its Chapter 11 case ...

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 ...

The Diamond Chapter 11/Chapter 7 process has been one filled with drama and it feels like you never know where it might go next.

LOS ANGELES, CA - Californians facing unmanageable debt may find relief through Chapter 7 bankruptcy, a legal process ...

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 ...

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 ...

While the American spirits market has proven resilient, it's facing challenging economic and social headwinds. Spirits supplier sales in the United States were down -1.1% in 2024, totaling $37.2 ...

It’s the latest in a series of firearms makers to close in recent years.