Chapter 7 bankruptcy has specific income requirements, but many filers qualify. Here's what determines the outcome.

Freight companies have struggled despite demand.Multiple bankruptcies have already been filed in October.High operating costs ...

When you file for bankruptcy, you’re basically telling a federal court that you can’t afford your debts and you need ...

Court records show that the trustee in Turkey Leg Hut's bankruptcy case has filed a notice indicating that more than $6.5 million in scheduled claims will be discharged without payment.

A developer known for high-end residences filed for Chapter 7 after nearly two decades in business.

The airline has entered bankruptcy proceedings after flurries of lawsuits and the sudden death of its CEO just weeks prior.

Chapter 7 of the bankruptcy code, under which Iron Hill filed, provides for liquidation — the sale of a debtor’s nonexempt ...

According to Flying Mag, Verijet — a Kissimmee, Florida-hailing private airline that touts itself as a green option for flyers and “one of the safest private aircraft charter operators available” — ...