Filing for Chapter 7? Avoid the errors that could derail your bankruptcy case or leave you worse off financially.

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 ...

Smoke BBQ owner files Chapter 7 amid nearly $2.7M in claims, putting the downtown rooftop's future in question.

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 ...

What Is a Debt Discharge? The phrase "debt discharge" represents a pivotal point in a bankruptcy proceeding. It's the much-anticipated moment when an individual, who has declared bankruptcy, is ...

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 ...

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

In another nail in the coffin of physical media, Redbox is shutting down after more than two decades of serving up DVD rentals from thousands of kiosks across the U.S. Redbox’s network of 24,000 DVD ...