Companies in dire financial situations where bankruptcy is their best—or only—option have two main choices in the U.S.: Chapter 7 bankruptcy or Chapter 11 bankruptcy. Both are also available to ...

A leading comic book distributor shifts from Chapter 11 to Chapter 7 bankruptcy, handing control to a trustee and signaling a ...

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 ...

Discover how company bankruptcy affects employee insurance benefits and coverage. Learn if and how you can retain benefits ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Understanding the key differences between debt settlement and Chapter 11 ...

Discover the history and implications of Chapter 10 Bankruptcy, a complex corporate filing retired in 1978 and incorporated ...

Diamond Comic Distributors Inc., the debtor in ongoing bankruptcy proceedings, moves to Chapter 7 bankruptcy, as the banks ...

As the last days of 2025 wind to a close, many industries have seen a number of high-profile bankruptcies in a challenging ...