When a debtor LLC receives a discharge order from a bankruptcy court, a creditor is prevented from enforcing any preexisting debts against the discharged LLC as a personal liability. This is known as ...

The Justice Department has updated a key application form under a new process that may make it much easier for many borrowers to discharge their federal student loans in bankruptcy. Here’s the latest.

Bankruptcy Judge David Jones observed that the plaintiff's effort to obtain class-wide relief over Citibank's treatment of ...

Typically, your business's obligation to pay its debts is lifted once you receive your bankruptcy discharge. However, you may realize that you forgot to include a creditor in your bankruptcy once you ...

Our guide gives you a step-by-step overview of filing for bankruptcy, ...

Last year, the Biden administration provided a new path to make it easier to discharge student loans in bankruptcy. The results appear promising, but success has been limited. By Tara Siegel Bernard ...

Recently there have been several B2B companies filing for Chapter 11 bankruptcy protection including: FTK Worldwide Manufacturing (a jewelry wholesaler), Niche Marketing Group (distributor), and ...