If you're planning to file for bankruptcy, it's important to understand the minimum debt requirements beforehand.

When a bankruptcy filing is denied, it means the court has rejected your petition to discharge debts or reorganize them under bankruptcy protection. The reasons for denial vary but can include: ...

The two most common types of bankruptcy for individuals are Chapter 7 and Chapter 13, each with its own eligibility criteria ...

If the current trend continues, new bankruptcy filings will return to pre-pandemic normalized volumes over the next 24 to 30 ...

Taking on more debt increases a company's risk of bankruptcy Fact checked by David ... A company overburdened with debt is ...

Conclusion: Bank was justified in initiating insolvency proceedings against the personal guarantor by timely filing and proper authorization under section 95. Moreso, deed of guarantee was a ...

In this farm income snapshot, Farm Bureau economist Bernt Nelson breaks down the farm income challenges of 2024, coupled with ...

Serious credit problems, like a recent repossession, foreclosure, or bankruptcy can also depress your scores ... which means it is the only one that will appear on your credit report and affect your ...

The company seeking bankruptcy protection faces many reputational and business challenges, the biggest of which is a loss of ...

Pursuant to Section 503(b)(1)(A) of the Bankruptcy Code, "wages, salaries, and commissions for services rendered after the commencement of the ...

Earn up to 10% cash back on everyday purchasesFiling for bankruptcy can cause your credit score to drop dramatically, but you won't need to suffer from bad credit forever. Depending on the type of ...

Spirit Airlines has announced that it secured a $300 million post-bankruptcy credit facility, securing the commitment from certain debtholders who pre-dated its Chapter 11 bankruptcy process. On ...