Everyone has a role in the “crime.” Victims In Elder Bankruptcies Bankruptcy in the United States has undergone a rapid “graying” over the past few decades. In 1991, elders made up 2% of ...

The embattled discount retailer continues to add to the list of stores it intends to shutter as part of Chapter 11 ...

It’s certainly been in the news a lot this year. But is it the same for people and companies? What’s the famous Chapter 11?

Kmart, once one of America’s leading discount retailers, is closing its last full-size store in the mainland United States.

One of the most common reason people file for bankruptcy in the United States is medical debt. In fact, one study from 1999 found that roughly 40% of people who filed for bankruptcy in that year ...

Medical debt is the leading cause of bankruptcy in the United States. A 2022 study shows that with roughly 41% of Americans ...

So starts the opinion of the United States Court of Appeals for the Ninth Circuit in United States v. MacKenzie: “As Benjamin Franklin said, ‘nothing ...

United Airlines filed for bankruptcy today, the largest such case ever in the global airline industry, after high costs and low air fares left the world's No. 2 carrier with too much debt and not ...

Attention, Kmart shoppers, the end is near! The erstwhile retail giant renowned for its Blue Light Specials — featuring a ...

The Congress shall have Power To...establish...uniform Laws on the subject of Bankruptcies throughout the United States.... The Bankruptcy Clause of the Constitution ...