Filing for Chapter 7 can wipe out your debt quickly, but some property may be on the line if it isn't protected.

U.S. whiskey and spirits producer Wilder Whiskey Seltzer has filed for Chapter 7 bankruptcy to liquidate assets amid ...

Americans are in a tough spot right now when it comes to debt. According to the latest Household Debt and Credit Report, the total household debt hit $18.2 trillion in Q1 2025, and credit card ...

What Is a Debt Discharge? The phrase "debt discharge" represents a pivotal point in a bankruptcy proceeding. It's the much-anticipated moment when an individual, who has declared bankruptcy, is ...

Along with the sudden shutdowns of commercial airlines including Play and Blue Islands, a number of charter and fractional ...

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 ...

A leading comic book distributor shifts from Chapter 11 to Chapter 7 bankruptcy, handing control to a trustee and signaling a major liquidation.

Leading bankruptcy lawyer Bryan Keenan founder of Bryan P. Keenan & Associates, PC in Pittsburgh, PA debunks common ...

When a trucking company shuts down, it usually has a wind-down period when it delivers any remaining loads in its possession. Not doing so leaves thousands of people in limbo, since they don’t know ...

Yesterday, Bleeding Cool reported on filed paperwork by the Baltimore bankruptcy courts to turn Diamond Comic Distributors' Chapter 11 bankruptcy proceedings trying to rescue the company, to Chapter 7 ...