If you’re trying to make sense of bankruptcy jargon and hoping to understand the differences between the different types of ...

Several restaurants have already closed as lenders pursue millions of dollars in unpaid debts and lawsuits pile up.

U.S. bankruptcy filings rose 12.2% year over year, while chapter 7 bankruptcy filings increased 14.7% and chapter 13 ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But while pursuing this type of debt relief can be a smart move in ...

Could your debt be reduced or forgiven? Take our financial relief quiz. There is no minimum debt requirement to qualify for Chapter 7 bankruptcy, according to U.S. bankruptcy law. In most cases, it ...

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 ...

Birmingham restaurateur Nick Pihakis, whose restaurant empire unraveled this year amid closures, lawsuits and mounting debt, has filed for Chapter 7 bankruptcy protection in federal court.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Chapter 7 bankruptcy comes with several important limitations that ...

When a business self-limits its audience, it makes its chances for success more challenging. Yes, that niche crowd might aggressively support you, but finding broader support may prove elusive. That ...

The 38-year-old mattress retail chain will liquidate and close its 45 stores after a judge ordered its Chapter 11 case converted to Chapter 7.

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 ...