As the last days of 2025 wind to a close, many industries have seen a number of high-profile bankruptcies in a challenging ...

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 ...

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

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

Canoo Inc. has filed for Chapter 7 bankruptcy, prompting the appointment of a Bankruptcy Trustee to manage the liquidation of its assets, as announced on January 17, 2025. Despite securing contracts ...

Filing for bankruptcy isn't a decision that most people take lightly, and for good reason. Not only does a bankruptcy have a significant impact on your finances, but you must also meet specific ...

Forbes contributors publish independent expert analyses and insights. Doug Gollan covers private aviation and the business of luxury travel. The filing comes less than a month after its founder and ...

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

While the ideal goal is to rebuild your credit after a bankruptcy filing, you could find the need to file for personal bankruptcy again. There’s no limit to the number of times you can file, but there ...