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 ...

Once you file, an automatic stay goes into effect, which is a powerful legal protection that stops creditors from pursuing ...

India's central bank on Thursday said it has filed an application with a company tribunal to initiate bankruptcy proceedings ...

Research shows that Black Americans are more likely than White Americans to file for bankruptcy and to choose Chapter 13, which is more expensive and often less successful than Chapter 7.

Last year the Nasdaq warned the business it was at risk of being delisted. Creditors say they are owned unpaid consulting and ...

LayerZero settles with the FTX estate, resolving a two-year legal battle and refocusing on its omnichain expansion.

With companies controlled by Daryl Heller now allegedly owing more than $200 million to a variety of creditors, one lender is ...

Dickey’s Barbecue Pit in Cary has closed and filed for bankruptcy. The restaurant, at 1102 Parkside Main St. in west Cary’s Parkside Town Commons shopping center, closed in December and filed for ...

Overview Limited liability companies (LLCs)—curious creatures of state law—often file bankruptcy. Bankruptcy courts have, ...

Part of Lancaster businessman Daryl Heller’s ATM network will be bankrupt next week. The only question is whether he or the ...