Satellite communications company Ligado Networks is trying to finance its bankruptcy with a high-fee loan that would eat up $100 million that could otherwise be used to repay creditors, according to ...

Filing for bankruptcy could be a smart move in certain cases, but in others, debt relief could make more sense.

Bankruptcy can discharge or restructure most credit card debt, but there are exceptions. For example, luxury purchases or ...

The lawsuit, filed by Forsythe Associates, says James and Debbi Gorczyca secretly changed the terms of the loan agreements ...

The Pool People has filed under Chapter 11 in the U.S. Bankruptcy Court for the Eastern District of Wisconsin.

On December 31, 2024, the Fifth Circuit Court of Appeals overturned the Bankruptcy Court for the Southern District of Texas’ (the “Bankruptcy ...

Bankruptcy courts are vigilant about ensuring the process is not abused. As a result, concealing assets, making fraudulent ...

With President Donald Trump back in the White House, a number of student loan programs face uncertainty. Trump is a vocal ...

Seven-year-old electric vehicle startup Canoo has filed for bankruptcy and will "cease operations immediately." The company ...

For decades, student loan borrowers found it next to impossible to walk away from their federal student debt in bankruptcy. The Biden administration changed that. In the fall of 2022 ...