A new study suggests that distressed borrowers using a simpler bankruptcy process are succeeding — and that more people like ...

The Justice Department announced that 98% of student-loan borrowers who requested bankruptcy relief have received it since new guidance in 2022.

What Is Bankruptcy for LLCs? Bankruptcy for LLCs, or Limited Liability Companies, is a legal process where an LLC, burdened by debts it cannot repay, seeks protection and relief through the court ...

Genesis HealthCare has until Dec. 27 to agree to new bankruptcy bid terms with its creditors — ideally naming a new bidder to beat — or face two highly unwelcome alternative sale possibilities.

Artist & Craftsman Supply announced that it has filed for Chapter 11 bankruptcy. The Maine-based company, which sells ...

According to documents filed over the past few days, as part of bankruptcy proceedings, Diamond Comic Distributors has sought approval from the United States Bankruptcy Court for interim and final ...

An independent pharmacy retailer from Arizona, Uptown Pharmacy Of Kingman, Inc., files for Chapter 11 restructuring.

A Texas Two-Step Bankruptcy helps companies manage legal liabilities. Discover its process, criticisms, and a detailed example with Johnson & Johnson.

A vacant braided-rug factory in East Providence has hit the market as part of a court-supervised Chapter 7 bankruptcy ...