Companies in dire financial situations where bankruptcy is their best—or only—option have two main choices in the U.S.: Chapter 7 bankruptcy or Chapter 11 bankruptcy. Both are also available to ...

Here's why your stock may lose its value under bankruptcy Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). When a company files ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Mark Henricks has written on mortgages, real estate and investing for many leading publications. He works from Austin, Texas, where he engages in songwriting, wilderness backpacking, whitewater ...

The bankruptcy plan administrator for Reverse Mortgage Investment Trust (RMIT), the parent company of former industry lender Reverse Mortgage Funding (RMF), has filed a court petition to convert from ...

NEWARK – The long and winding downward spiral of The Longaberger Company appears complete with its bankruptcy converted from a reorganization under Chapter 11 to a liquidation under Chapter 7. The ...

When a business files Chapter 11 bankruptcy, that doesn’t mean it has declared itself kaput — far from it. Filing Chapter 11 is like sending out a SOS signal: It allows the business to keep operating ...

The process took an unprecedented turn when Modell's Sporting Goods and Pier 1 Imports obtained court rulings that deployed rarely used bankruptcy code rules to raise the possibility of giving ...

Fortnite’s big “Zero Hour” live -event just ended, and with it Chapter 6. Servers are down as Epic Games pushes the big Chapter 7 update. Here’s the new Chapter 7, Season 1 trailer: Servers are ...

Bankruptcy is one of those topics that nobody wants to become an expert in, but sometimes you have no choice. The good news is that compared to 2021, there have been fewer bankruptcies in the U.S. in ...