Genesis HealthCare is asking a federal court for permission to pay nearly $10 million in executive and employee performance bonuses as it navigates the remaining weeks of bankruptcy proceedings.

Bankruptcy can offer a fresh financial start, but there are complex rules on how often you can file for relief.

LOS ANGELES, CA - Californians facing unmanageable debt may find relief through Chapter 7 bankruptcy, a legal process ...

Bankruptcy is a legal procedure that allows individuals or businesses unable to pay their debts to seek relief from some or all of them. In the U.S., bankruptcies are often categorized as Chapter 7, ...

The Education and Justice Department released new data on the bankruptcy process for student-loan borrowers. It found that 588 new cases were filed from October 2023 to March, a 36% increase from the ...

The fear of losing legacy brands is increasingly becoming a reality as even well-known retailers struggle to adapt to shifting consumer preferences, rising operating costs, e-commerce growth, and ...

Founded in 2010, iPic built its reputation on a luxury moviegoing experience. Customers could enjoy reserved recliner seats, cozy blankets and pillows, and an upscale menu featuring items like ...

Houston-based Nine Energy Service says it has completed a financial restructuring, cutting $320 million in debt as it emerges from Chapter 11 bankruptcy.

The commercial real estate industry has spent the past two years bracing for the next wave of loan losses as elevated interest rates collided with loan maturities. Instead of a wave of payoffs, many ...