Guidance for business entities seeking to liquidate their assets under Chapter 7 of the Bankruptcy Code, including why a financially distressed business may choose liquidation under Chapter 7 rather ...

A bankruptcy filing can stay on your credit report for up to 10 years. The immediate drop can be steep, often more than 100 points. But it's not permanent damage. Many filers see their scores begin to ...

A hearing to confirm the company’s exit plan is currently scheduled for Oct. 30. It’s unclear whether Pontiac General, which ...

The Oct. 31 filing came a day after hundreds of clergy abuse victims voted to approve a $230 million bankruptcy agreement ...

Debt cancellation can erase what you owe under certain circumstances, but it's not always as simple as it sounds.

The NBA gambling scandal that rocked the league appears to be cutting deeper and deeper with each passing day.

The mayoral front-runner built her brand on grassroots causes. If elected, Trump-era budget struggles stand to limit what she ...

First Brands accumulated billions of dollars in debt, without the lenders knowing much about it. Is a stock market implosion coming?

The meme stock trade that made GameStop famous has new candidates, including Krispy Kreme and Beyond Meat, but it's still dangerous ground for newbies.

The NBA’s gambling scandal keeps getting messier with this new Tyronn Lue news. Just when you thought the fallout from the ...

Understanding how Chapter 13 repayment works can help you decide if this debt relief option fits your situation.