In a Chapter 7 bankruptcy, creditors may seize assets to repay your debt. However, these assets are subject to federal and ...

Filing for bankruptcy is a last resort for consumers who find themselves in a tough financial situation. "If you can pay off your debts outside bankruptcy, you should," bankruptcy attorney David ...

Both debt relief and bankruptcy can offer you real help, but there are a few things to know about each option. mesh cube/ .

Even if your favorite restaurant has filed for bankruptcy, it might not all be bad news. Here's why you will still be able to dine there afterward.

Many debtors confuse dismissal with discharge, so it’s essential to check your paperwork to understand your status before ...

One of the largest corporate bankruptcies in 2025 comes from a little-known company that didn’t exist more than five years ...

Aly J. Yale is a contributing writer for the Managing Your Money section for CBSNews.com, covering various personal finance topics, including investing, homebuying, loans and more. Many people ...

Nowhere is this more apparent than in cases involving financially distressed individuals with pending personal injury claims, or tort plaintiffs pursuing recovery against bankrupt defendants. These ...

Philadelphia-based Rite Aid was founded in 1962 in Scranton, Pennsylvania, as Thrif D Discount Center. The company had ...

The result of Prime Trust’s bankruptcy case reveals flaws in America’s restructuring system — and serves as a reminder of why bitcoin matters. In June of 2023, Prime Trust, a regulated trust company ...

The decisions come months after Palo Verde Hospital announced it was at risk of shutting down due to a financial emergency.