Drowning in debt? Both Chapter 7 and Chapter 13 bankruptcy could offer relief, but they work very differently.
When Americans are drowning in debt — and a lot of them are right now, considering that recent data shows credit card balances have topped $1.2 trillion with average credit card APRs hovering above 22 ...
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 ...
Diamond Comic Distributors Inc., the debtor in the long-running Chapter 11 bankruptcy, is now heading toward Chapter 7, with the debtor requesting that the U.S. Bankruptcy Court in Maryland convert ...