An announcement from Belluscura PLC ( ($GB:BELL) ) is now available. Belluscura PLC has announced that its subsidiary, Belluscura LLC, has filed ...

Chapter 7 bankruptcy has specific income requirements, but many filers qualify. Here's what determines the outcome.

Chapter 7 of the bankruptcy code, under which Iron Hill filed, provides for liquidation — the sale of a debtor’s nonexempt property and the distribution of the proceeds to creditors, according to the ...

The income limits for Chapter 7 depend on numerous factors, including a complex calculation called the means test.

A federal judge ruled that a bankruptcy proceeding for Dr. Phil McGraw's Merit Street Media, the TV personality's failed ...

A $3 million bankruptcy battle between Hartford Accident and Indemnity and Capital Credit Union is putting surety agreements ...

The French comics publisher, best known for its SFF graphic novels, will liquidate its assets and eventually cease its U.S.

Distilling, based in Littleton, Colorado, filed for Chapter 7 bankruptcy and looks to liquidate assets after declining sales.

The trustee in the bankruptcy case of Deion Sanders' son Shilo has filed a complaint against the former Colorado football ...