The decision to file for bankruptcy is rarely an easy one to make. For many people, a bankruptcy filing comes after months or even years of struggling with mounting debt, creditor calls and the ...

Connecticut expects to have a full seat at the table in ensuring the transition of Prospect Medical Holdings’ three local ...

Creditors may agree to this because receiving a portion of the debt is often preferable to the risk of receiving nothing if you declare bankruptcy. You can pursue debt settlement yourself ...

Bankruptcy is a legal process to help individuals and businesses manage overwhelming debt. While it provides a path to financial relief, the decision to file bankruptcy requires careful scrutiny ...

Bankruptcy may be the right choice if you’re facing overwhelming debt, frequent creditor calls or risk of foreclosure. It’s ...

Fast-fashion retailer Forever 21 is considering filing for bankruptcy after exiting its last chapter 11 roughly five years ago, according to people familiar with the matter. The company ...

Joann on Wednesday announced it will be closing more than half of its stores across the country after the fabrics and craft retailer filed for bankruptcy for the second time in less than a year.

Editor's note: This story was updated with a statement from Heller's bankruptcy attorney. Daryl Heller, the owner of collapsed ATM operator Paramount Management Group, has filed for personal ...

Let’s not get into operations, it could get interesting. For Spirit, it’s not just the bankruptcy filing that’s alarming, but what this means for the future of affordable travel in a ...

Stores closing:Billabong, Quiksilver and Volcom stores to close in US after operator files for bankruptcy The company has yet to release a full list of store closures. Previously, USA TODAY ...

Electric vehicle (EV) startup Canoo has filed for Chapter 7 bankruptcy, indicating the company will cease operations immediately and liquidate its assets. The filing was made with the US ...