In this environment, Chapter 7 bankruptcy has become an increasingly considered option, as evidenced by the recent uptick in ...

The essence of a Chapter 7 business bankruptcy is the orderly liquidation of the business debtor’s assets by a bankruptcy trustee and the ...

Born Mechanic’ star Ant Anstead's car company first filed for Chapter 11 bankruptcy in October after being accused of taking ...

US Bankruptcy court threatened to convert Diamond Comic Distributors' Chapter 11 to Chapter 7. The move was due to Diamond ...

Bankruptcy can freeze or close your HELOC, even if you owe nothing. Chapter 13 helps you keep your HELOC, while Chapter 7 can ...

The author and editors take ultimate responsibility for the content. Personal bankruptcy -- including Chapter 7 and Chapter 13 bankruptcy -- is a last resort for consumers in financial distress ...

Bankruptcy trustees and chapter 11 debtors-in-possession ("DIPs") frequently seek to avoid fraudulent transfers and obligations under section ...