Joann, the retailer famously known for selling fabrics and crafts, has filed for Chapter 11 bankruptcy for the second time in ...

If the home sale doesn’t cover the amount owed, the lender can file ... Bankruptcy would have a negative impact on your credit score, but so does losing a home to foreclosure. Bankruptcy is not ...

Declaring bankruptcy can offer big relief to those buried by debt, but do debt collectors get paid in the process?

Once you file, an automatic stay goes into effect, which is a powerful legal protection that stops creditors from pursuing collection actions against you, including phone calls, wage garnishments and ...

However, the company declined to comment on whether it was exploring bankruptcy proceedings. Pillsbury Winthrop Shaw Pittman did not immediately respond to a Reuters request for comment.

The company's journey from "Shark Tank" success to bankruptcy filing reveals the challenges faced by startups in a tough economic climate.

Secured debts involve borrowers who put up assets to serve as collateral for a loan, while unsecured debts accumulate when a borrower does not ... What did Liberated do before filing for bankruptcy?

However, not all debts may qualify for a DMP, and there are enrollment fees that need to be considered. Additionally, while DMPs do not carry the severe consequences of bankruptcy, they require ...

It's been a tough run for discount retailers, with many closing stores or filing for bankruptcy in recent years. Rising ...

California-based Liberated Brands, which operates the stores, will shut down all 124 locations after filing for Chapter 11 bankruptcy ... when a borrower does not put up any security or assets ...

Jackson Hospital's chief restructuring officer Allen Wilen said in a Tuesday news release that the bankruptcy filing is a move ... concern that we could not effectuate the loan guarantee, and ...