Diamond Comic Distributors Inc., the debtor in ongoing bankruptcy proceedings, moves to Chapter 7 bankruptcy, as the banks ...

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 ...

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 ...

Legislation passed by the US Senate would increase fees that Chapter 7 bankruptcy trustees earn per case, increase Chapter 11 ...

A Chapter 7 bankruptcy is legally a definitive end, and that's what has happened to Rogue Ales & Spirits. The company, which had suspended operations earlier this month, has made its shutdown official ...

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 ...

When a company files Chapter 7 bankruptcy, it means the brand will be liquidated. That could result in a new beginning, if a new business or operator buys the brand and revives it. In theory, that can ...

In major metropolitan areas, commercial office vacancies have skyrocketed and rents have plummeted. Tenants, required to examine their space needs post-pandemic, are eager to take advantage of the ...