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 ...

As Chapter 7 bankruptcy brings forward liquidation, the LIT Boutique store registered at 223 Newbury Street will likely be ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. The situation is rarely ideal, but it becomes even more precarious when ...

Americans are in a tough spot right now when it comes to debt. According to the latest Household Debt and Credit Report, the total household debt hit $18.2 trillion in Q1 2025, and credit card ...

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

Canoo Inc. has filed for Chapter 7 bankruptcy, prompting the appointment of a Bankruptcy Trustee to manage the liquidation of its assets, as announced on January 17, 2025. Despite securing contracts ...

After trying for nearly a year to restructure the company, the key comics and graphic novel distributor has filed for Chapter ...