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 ...

Americans have a serious debt issue on their hands right now. Not only are borrowers carrying more debt than ever, but credit card balances recently surpassed $1.23 trillion nationwide, and serious ...

Stoli Group filed to convert two of its U.S. companies from chapter 11 to chapter 7 bankruptcy after the company could not reach a restructuring agreement with its senior lender. Control of Stoli ...

Thai Express has filed for Chapter 11 bankruptcy, with the filing estimating liabilities between $100,000 and $500,000.