Medical debt is the leading cause of bankruptcy in the United States. A 2022 study shows that with roughly 41% of Americans in some form of medical debt, declaring medical bankruptcy can be necessary.

Kmart, once one of America’s leading discount retailers, is closing its last full-size store in the mainland United States.

One of the most common reason people file for bankruptcy in the United States is medical debt. In fact, one study from 1999 found that roughly 40% of people who filed for bankruptcy in that year ...

Attention, Kmart shoppers, the end is near! The erstwhile retail giant renowned for its Blue Light Specials — featuring a ...

An iconic brand which became a household name across Australia and the rest of the world has filed for bankruptcy, citing declining sales. In a statement, the company confirmed they had entered ...

Tervis’ bankruptcy application doesn’t mean it’s ceasing operations. According to the United States Courts, Chapter 11 bankruptcy is frequently referred to as a "reorganization" bankruptcy. " ...

It's officially the end of an era. Kmart, which was once the largest discount retailer in the United States with roughly ...

Only two Kmarts remain in the 50 states: the full-size store that's ... filed for Chapter 11 bankruptcy in 2018. The last Kmart in Southern New England in Hyannis closed in early 2021.

The brand on Tuesday said in a media release it had voluntarily initiated Chapter 11 proceedings in the United States Bankruptcy Court for the District of Delaware. President and Chief Executive ...

In a statement, the company confirmed they had entered the proceedings in the United States Bankruptcy Court for the District of Delaware. Tupperware was known for its colourful, airtight plastic ...