Commercial bankruptcies over the past year have been dominated by several major retailer Chapter 11 restructurings and Chapter 7 liquidations. Tuesday Morning, Bed Bath & Beyond and Rite Aid were ...

Leaders should always be prepared to navigate the potential complexities of financial distress. As a final recourse, Chapter 11 bankruptcy can be a lifeline for companies facing insurmountable debts, ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Some business owners and individuals with large amounts of debt turn to Chapter 11 bankruptcy to restructure what they owe and ...

Discount carrier Spirit Airlines, overwhelmed with continuing financial difficulty, returned to bankruptcy court in a second bid to rehabilitate its business reorganization under Chapter 11 protection ...

Chapter 11 bankruptcy, one of the most complex forms of bankruptcy under U.S. law, allows a company that is near failure to restructure operations to stay in business rather than simply liquidate all ...