A new study suggests that distressed borrowers using a simpler bankruptcy process are succeeding — and that more people like ...

The success rate for student loan borrowers in bankruptcy has "jumped" to 87%, a study finds. But many people still don't pursue the option.

Genesis HealthCare has until Dec. 27 to agree to new bankruptcy bid terms with its creditors — ideally naming a new bidder to beat — or face two highly unwelcome alternative sale possibilities.

The Justice Department announced that 98% of student-loan borrowers who requested bankruptcy relief have received it since new guidance in 2022.

Genesis Healthcare must go back to the bankruptcy drawing board if it wants to continue pursuing the sale of its assets to an insider, a federal judge has ruled.

When companies file for Chapter 11 bankruptcy, the process is often framed as a balanced restructuring designed to protect ...

According to documents filed over the past few days, as part of bankruptcy proceedings, Diamond Comic Distributors has sought approval from the United States Bankruptcy Court for interim and final ...

A Texas Two-Step Bankruptcy helps companies manage legal liabilities. Discover its process, criticisms, and a detailed ...

Roomba maker iRobot filed for Chapter 11 bankruptcy protection and is set to be taken private in a restructuring plan.

Roombas are an extremely popular brand of robot vacuum cleaners. iRobot holds a commanding 42 percent market share in the U.S ...