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.

Filing for Chapter 7 can wipe out your debt quickly, but some property may be on the line if it isn't protected.

Filing for Chapter 7? Avoid the errors that could derail your bankruptcy case or leave you worse off financially.

If you’re exploring bankruptcy, that probably means your debt situation is serious. It can be really frustrating to find out that bankruptcy cases cost money. If you had money, you might not need ...

Filing for bankruptcy isn't a decision that most people take lightly, and for good reason. Not only does a bankruptcy have a significant impact on your finances, but you must also meet specific ...

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 ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min A judge forced the startup into ...

Through a Chapter 7 liquidation, creditors can “have faith” that a trustee will be fair and impartial in the sale of the Merit Street assets, Judge Scott W. Everett of the U.S. Bankruptcy Court for ...

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 ...

A federal judge ordered that a bankruptcy proceeding for Dr. Phil McGraw's Merit Street Media, the TV personality's failed television network venture, be converted to a Chapter 7 liquidation - saying ...