The owner of Saks Fifth Avenue and Neiman Marcus is in talks with creditors about financing for a coming chapter 11 filing.

The latest whiskey company to announce bankruptcy was A.M. Scott Distillery in Ohio, adding to a growing number.

On December 22, Bloomberg reported that Saks was considering a Chapter 11 bankruptcy filing as a last resort amid a debt payment nearing. Some Saks lenders also reportedly held confidential talks to ...

Bankruptcy refers to a legal process that individuals or businesses can undertake when they are unable to repay their debts. It is a formal declaration that an individual or organization is unable to ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. As a result, personal bankruptcy inquiries surged nationwide in the ...

Nonprofits across the country were left in the lurch, unable to access the donor cash that funds their work in education, ...

You can file for bankruptcy as often as you like; however, there are limits to how often you can receive a discharge. The timetable is as follows: Chapter 7 after Chapter 7: every 8 years Chapter 7 ...

Based in the Brooklyn Navy Yard, where it has occupied the entire 13th floor and ran test kitchens and studios, Food52 is led ...

If you’re getting hounded by creditors, facing foreclosure on your home or feeling overwhelmed by debt in other ways, bankruptcy might be the answer. Filing for bankruptcy has lasting ramifications on ...

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 ...

First Brands creditors have hired a financial-investigations firm that probed fraud-tainted crypto exchange FTX to aid an ...

Facing financial trouble? If you’ve declared bankruptcy previously and are considering filing again, the good news is there’s no limit on the number of times you can file for bankruptcy. There are, ...