Could your debt be reduced or forgiven? Take our financial relief quiz. Some business owners and individuals with large amounts of debt turn to Chapter 11 bankruptcy to restructure what they owe and ...

The term "discharged" refers to the elimination of a debtor's obligation to pay certain types of debts. Bankruptcy offers an avenue for individuals and businesses to manage overwhelming debt. It's a ...

Pizza restaurant owners have dealt with several economic challenges since the Covid-19 pandemic. These have caused financial distress, requiring operators to sometimes close locations, sell ...

Technological progress in industries has led to the demise of companies and whole business sectors throughout history. A classic example of the collapse of an industry caused by technological ...

Health care providers have faced economic challenges over the last year, leading them to consider out-of-court restructurings, bankruptcy filings, selling off facilities, and sometimes closing ...

Chapter 11 could be a lifeline for retailers aiming to keep stores open. J.C. Penney is the latest company to declare bankruptcy. The retailer filed for Chapter 11 bankruptcy on Friday, just one day ...