Drowning in debt? Both Chapter 7 and Chapter 13 bankruptcy could offer relief, but they work very differently.

The family-owned mattress retail chain's creditors file to convert its bankruptcy to Chapter 7 liquidation.

The average American household currently carries over $7,000 in credit card debt, and for a large number of borrowers, other debts, like medical bills and personal loan debts, are also piling up amid ...

LOS ANGELES, CA - Californians facing unmanageable debt may find relief through Chapter 7 bankruptcy, a legal process ...

*Chapter 7 bankruptcy, also known as “liquidation bankruptcy,” allows people to discharge most unsecured debts. This includes medical bills, payday loans, and credit card balances. A trustee may sell ...

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If you’re exploring bankruptcy, that probably means your debt situation is serious. It can be really frustrating to find out that bankruptcy cases cost money. If you had money, you might not need ...

While the American spirits market has proven resilient, it's facing challenging economic and social headwinds. Spirits supplier sales in the United States were down -1.1% in 2024, totaling $37.2 ...

In its Chapter 7 filing at the end of January, Circle Furniture reported roughly $2.2 million in assets against nearly $14 ...

Stoli Group filed to convert two of its U.S. companies from chapter 11 to chapter 7 bankruptcy after the company could not reach a restructuring agreement with its senior lender. Control of Stoli ...

Bankruptcy court finds against the Chapter 7 Diamond Comics trustee request to extend time to assume or reject publisher contracts.