The owner of one of the world's best known vodka labels is shutting down its American business, with court papers showing a ...

Stoli Group filed to convert two of its U.S. companies from chapter 11 to chapter 7 bankruptcy after the company could not reach a restructuring agreement with its senior lender.

Chapter 7 bankruptcy offers relief from your debt, but the limitations of this approach can impact your finances.

Chapter 7 bankruptcy involves liquidating a debtor's non-essential assets to repay creditors. Chapters 11 and 13 are more expensive and longer than Chapter 7, but you can keep your assets. Chapter 7 ...

Mark Henricks has written on mortgages, real estate and investing for many leading publications. He works from Austin, Texas, where he engages in songwriting, wilderness backpacking, whitewater ...

BENNINGTON — The Southern Vermont College trustees have once again voluntarily entered the former college into the Chapter 7 bankruptcy process — likely heading toward an auction of real estate and ...

Corporations, limited liability companies (LLCs), and other businesses can file for protection under either Chapter 7 or Chapter 11 of the Bankruptcy Code. While a Chapter 11 bankruptcy can lead to ...

A second airline to shut down entirely in 2026 is Indian charter carrier Dove Airlines. As first reported by local Insolvency ...

Filing Chapter 7 bankruptcy is a serious financial decision for individuals who have large amounts of debt they likely won’t ever be able to repay. Though filing for Chapter 7 ultimately gives you a ...