As the last days of 2025 wind to a close, many industries have seen a number of high-profile bankruptcies in a challenging economy. Texas-based candy distributor Candy Warehouse Chapter 11 filed for ...
When a company files for bankruptcy, it gets a chance to reorganize its finances and work with creditors, vendors, and landlords to find a path forward. A court supervises the process, and the ...
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 ...
We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But figuring out what counts as too much isn't as simple as checking a ...
Americans filed hundreds of thousands of bankruptcy petitions over the past year, with Chapter 7 representing a large percentage of those cases. That makes sense considering that Chapter 7 is ...
A hotel chain that once boasted its aim was to compete with Marriott and Hilton has ceased operations amid a torrent of controversy. LuxUrban Hotels' Chapter 11 bankruptcy case has been converted to a ...
If you’re exploring bankruptcy, that probably means your debt situation is serious. It can be really frustrating to find out that bankruptcy cases cost money. If you had money, you might not need ...