Chapter 7 auto lender collapse leaves borrowers with limited credit facing tighter financing and fewer options for auto loans nationwide.
“With the traditional purchase agreement derailed, the company attempted to proceed with the sale through Chapter 11 bankruptcy proceedings. By October 8, the situation deteriorated further when ...
Filing for Chapter 7? Avoid the errors that could derail your bankruptcy case or leave you worse off financially.
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 ...
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 ...
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 ...