Bankruptcy may be a last resort. But some attorneys expect a wave of last resorts in the months ahead. So far during the coronavirus pandemic, many creditors and landlords are accommodating delays.

Chapter 11 bankruptcy, one of the most complex forms of bankruptcy under U.S. law, allows a company that is near failure to restructure operations to stay in business rather than simply liquidate all ...

A Chapter 13 bankruptcy allows a debtor’s finances to be reorganized and a plan to be developed for loan repayment over a period of time.

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A company experiencing financial hardship may have no choice but to file for bankruptcy and there are different types of bankruptcies to choose from. A chapter 7 bankruptcy is known as a straight ...

When a corporation or partnership runs into financial trouble but wants to remain open, it has the option to file for a chapter 11 bankruptcy. This provides protection from creditor actions while the ...