The private jet operator, Jet It, has filed for Chapter 7 bankruptcy over 2 and a half years after closing its operations.

An airline has filed for bankruptcy two years after it grounded all flights. According to TheStreet, Greensboro-based Jet It submitted a Chapter 7 bankruptcy filing this week. The filing is different ...

Sonder, the short-term rental firm, is seeking Chapter 7 bankruptcy, which means it doesn't plan to continue operations.

Filing for bankruptcy can feel like a financial lifeline when you’re drowning in debt, but not everyone qualifies. Understanding what might block your path to bankruptcy is crucial before you start ...

Nearly 80-year-old Alure Home Solutions, one of Long Island’s biggest names in home remodeling work, has abruptly closed its doors for good following bankruptcy filings last week. Alure, founded in ...

A leading comic book distributor shifts from Chapter 11 to Chapter 7 bankruptcy, handing control to a trustee and signaling a ...

The average American household currently carries over $7,000 in credit card debt, and for a large number of borrowers, other debts, like medical bills and personal loan debts, are also piling up amid ...

*Chapter 7 bankruptcy, also known as “liquidation bankruptcy,” allows people to discharge most unsecured debts. This includes medical bills, payday loans, and credit card balances. A trustee may sell ...