Filing for Chapter 7 can wipe out your debt quickly, but some property may be on the line if it isn't protected.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But while pursuing this type of debt relief can be a smart move in ...

Corporations, limited liability companies (LLCs), and other businesses can file for protection under either Chapter 7 or Chapter 11 of the Bankruptcy Code. While a Chapter 11 bankruptcy can lead to ...

Elysse Bell is a finance and business writer for Investopedia. She writes about small business, personal finance, technology, and more. Vikki Velasquez is a researcher and writer who has managed, ...

As Chapter 7 bankruptcy brings forward liquidation, the LIT Boutique store registered at 223 Newbury Street will likely be closed in the coming days or weeks. The boutique also faces a lawsuit from ...

When a trucking company shuts down, it usually has a wind-down period when it delivers any remaining loads in its possession. Not doing so leaves thousands of people in limbo, since they don’t know ...

Jet It grounded its fleet in 2023 leaving its fractional owners scrambling. The day before Christmas the story ended with a ...

Following a Wednesday hearing in federal bankruptcy court, one of Daryl Heller’s ATM companies is now officially in bankruptcy. Heller’s Blackford ATM Ventures was forced into bankruptcy by Silverview ...