There are actually six types of bankruptcy: Chapter 7, Chapter 9, Chapter 11, Chapter 12, Chapter 13 and Chapter 15. Chapter 7 and Chapter 13 bankruptcy are two options that apply to consumers.

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Chapter 9 bankruptcy is only available to municipalities and is the only bankruptcy chapter distressed municipalities can use. For purposes of Chapter 9, the term "municipalities" includes a range ...

When a company files for Chapter 7 or Chapter 11, investors often lose out Dr. JeFreda R. Brown is a financial consultant, Certified Financial Education Instructor, and researcher who has assisted ...

Wheel Pros files prepack Chapter 11 bankruptcy. Under the restructuring support agreement and prepackaged bankruptcy filed in ...

There are currently six chapters in the U.S. Bankruptcy Code. They are: Chapter 7 (liquidation for individuals or businesses), Chapter 9 (for municipalities), Chapter 11 (reorganization ...

The retail sector suffered more significant bankruptcy filings in 2024 after facing several notable Chapter 11 cases in the ...

The bankruptcy filing comes days after Big Lots said it was closing its distribution center in west Columbus, leaving nearly ...

NEW YORK — Tupperware Brands, the company that revolutionized food storage decades ago, has filed for Chapter 11 bankruptcy protection. Orlando, Florida-based Tupperware plans to continue ...

NEW YORK — Tupperware Brands, the company that revolutionized food storage decades ago, has filed for Chapter 11 bankruptcy protection. Orlando, Florida-based Tupperware plans to continue ...

Red Bay Coffee has filed for Chapter 11 bankruptcy protection, amidst two ongoing lawsuits filed against the company, the San ...