When Americans are drowning in debt — and a lot of them are right now, considering that recent data shows credit card balances have topped $1.2 trillion with average credit card APRs hovering above 22 ...

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 ...

There's been some updates to Diamond's chapter 7 process and the winding down of its chapter 11. Two are proposed additions to the team handling the chapter 7 process.

First Brands Group and some of its creditors are weighing a shift of some of its units into the Chapter 7 bankruptcy ...

Bankruptcy can offer a financial fresh start, but not everyone qualifies. Here's what to know before filing.