Congress passed the Small Business Reorganization Act in 2019, adding Subchapter V to the U.S. Bankruptcy Code as a way for small businesses to shed debts without losing ownership of their...
Bankruptcy is a legal proceeding for people or businesses that are unable to repay their outstanding debts.
When debt becomes overwhelming, debt relief and bankruptcy are two options for getting your life back on track. They work differently, and each has its pros and cons. Debt relief can...
explain- in plain English- business bankruptcy and its alternatives. I hope you will take a look the first installment of Dealing With Distress For Fun & Profit and let me know what you think.
Bed Bath & Beyond filed for Chapter 11 bankruptcy protection in New Jersey Sunday, according to a court filing. The US home-goods retailer warned in January that there was considerable...
There are two main types of business bankruptcies in the U.S.: Chapter 7, or “liquidation bankruptcy,” and Chapter 11, or “rehabilitation bankruptcy.”
WeWork's post-bankruptcy business plan is premised on a significant reduction in future rent costs from its landlords, and WeWork is at a crossroads in that effort, according to attorneys...
A bankruptcy process designed to save mom-and-pop businesses is being used by the far-right radio host and at least a few other alleged wrongdoers to resolve lawsuits and investigations
capital business, people familiar with the matter said. SVB said on Monday it was considering... disclose bankruptcy as one of the potential options. SVB has not made any final decisions on...
post-bankruptcy restructuring plan. “We continue to review our options but we don’t comment on rumors and speculation,” a Cineworld spokesperson told The Hollywood Reporter in a...