It’s certainly been in the news a lot this year. But is it the same for people and companies? What’s the famous Chapter 11?

United States Bankruptcy Judge John Dorsey has approved a plan for defunct cryptocurrency exchange FTX to wind down its ...

Elon Musk expressed concerns over the financial trajectory of the United States, suggesting the nation is on the brink of ...

Audacy will head to bankruptcy court after the FCC agreed to conduct a foreign-ownership review with a new, post-bankruptcy ...

Books & the Arts / The radical origins and future of debt relief activism. Astra Taylor “Early in January at Le Mars, in ...

The United States Bankruptcy Court for the Eastern District of Wisconsin denied Attorney General Josh Kaul's petition to reopen the ...

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

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

In news that will surely make the 1980s babies — and folks born before then, too — at least a little sad, iconic retailer Kmart is slated ...

Whether $5 or $50, every contribution counts. Historic homeware brand Tupperware has filed for bankruptcy in the United States. The Orlando-based Tupperware Brands Corporation said launching ...

United Airlines filed for bankruptcy today, the largest such case ever in the global airline industry, after high costs and low air fares left the world's No. 2 carrier with too much debt and not ...

Update 5:09 p.m. The Houston Chronicle reported Tuesday that the judge overseeing Turkey Leg Hut's bankruptcy case has denied Monday's motion to move the restaurant's case from Chapter 11 to ...