Once you file, an automatic stay goes into effect, which is a powerful legal protection that stops creditors from pursuing ...

Bankruptcy can discharge or restructure most credit card debt, but there are exceptions. For example, luxury purchases or ...

Bankruptcy courts are vigilant about ensuring the process is not abused. As a result, concealing assets, making fraudulent ...

Understanding how bankruptcy works and when to file for bankruptcy is critical in determining whether it’s the right step for ...

The national retail chain announced this week that it is declaring bankruptcy for the second time in a year. The company that saved some Big Lots stores might be the new buyer. Here's what we know.

The company helping Big Lots through its bankruptcy process is selling the leases of more than 460 Big Lots stores across the U.S. – a sign those stores are among those likely to be closing.

The company filed for bankruptcy last month, and announced nearly all its 850 locations throughout the country would close. This comes a little more than a year after the company emerged from a ...

Earn up to 10% cash back on everyday purchasesFiling for bankruptcy can cause your credit score to drop dramatically, but you won't need to suffer from bad credit forever. Depending on the type of ...

Jan 2 (Reuters) - Rising interest rates, inflation, higher labor costs, and post-pandemic shifts in consumer spending were common factors cited by companies that filed for bankruptcy in 2024.

German electric air taxi company Volocopter has filed for bankruptcy protection, the latest in a string of similar startups to hit financial turbulence. The company plans to keep operating while ...

FORT LAUDERDALE, Fla. — Silver Airways, which operates multiple flights out of Tampa International Airport, filed for Chapter 11 bankruptcy protection late Monday. In a letter to customers ...