LIT International Group, Inc., a Boston-based women’s boutique clothing chain, files for Chapter 7 bankruptcy to sell off its ...

SIOUX FALLS, S.D. (AP) – A federal trustee asked a judge Tuesday to convert a troubled South Dakota beef processing plant’s bankruptcy to a Chapter 7 liquidation. Assistant U.S. trustee James Snyder ...

UPDATE: Honors Holdings filed a motion December 13 to dismiss the involuntary Chapter 7 petition, and in court documents said it "intends to formally wind down" its operations. • After selling studios ...

Honors Holdings, once the largest Orangetheory Fitness franchisee at 143 studios, “intends to formally wind down” its operations once it completes negotiations with its senior creditor. That’s ...

And now a franchisee of the 84-year-old fast-casual restaurant chain Dickey's Barbecue Pit has filed for Chapter 7 bankruptcy ...

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 ...

Pennsylvania battery recycling facility was idled late last year, with a Chapter 7 petition filed at the end of January. Should the owners of Inmetco proceed with the Chapter 7 process, its assets ...

The average American household currently carries over $7,000 in credit card debt, and for a large number of borrowers, other debts, like medical bills and personal loan debts, are also piling up amid ...

As ex-Colorado safety Shilo Sanders tries to get out of $11 million in debt, the trustee in his bankruptcy case continues to fight him about NIL funds ...

A Chapter 7 petition filed against former investors of the failed Scuttle's Island water park will be heard next month in an Augusta courtroom. U.S. District Judge Susan D. Barrett has scheduled a ...

Officers at Rutgers University’s Turning Point USA chapter are pushing back against a petition from a technology developer calling for the conservative group to be disbanded, describing the effort as ...