There are two main types of business bankruptcies in the U.S.: Chapter 7, or “liquidation bankruptcy,” and Chapter 11, or “rehabilitation bankruptcy.” Learn how they differ.

*Chapter 7 bankruptcy, also known as “liquidation bankruptcy,” allows people to discharge most unsecured debts. This includes medical bills, payday loans, and credit card balances. A trustee may sell ...

The evidence of Tricolor’s high-speed collapse could be seen clearly inside the vehicles its customers entrusted it to repair ...

Despite its long history in the pharmacy industry, Rite Aid has faced mounting financial challenges in recent years. The ...

Ganas Auto customers don't know where to make car payments after parent company Tricolor Holdings filed Chapter 7 bankruptcy on September 10.

The parent company behind Fram filters has filed for Chapter 11 bankruptcy. Here’s what it means for the iconic automotive ...

The Northern California concept closed all of its remaining five locations, making it the second chain this week to ...