A handful of creditors had petitioned a court to force a company with a collection of Northwest brands into bankruptcy over ...

Once you file, an automatic stay goes into effect, which is a powerful legal protection that stops creditors from pursuing ...

Bankruptcy can discharge or restructure most credit card debt, but there are exceptions. For example, luxury purchases or ...

Filing for bankruptcy could be a smart move in certain cases, but in others, debt relief could make more sense.

The two budget carriers had been discussing a combination for months, with Spirit rejecting a post-Chapter 11 proposal as ...

Research shows that Black Americans are more likely than White Americans to file for bankruptcy and to choose Chapter 13, which is more expensive and often less successful than Chapter 7.

Declaring bankruptcy is one sure way to free up your finances more so when you are deep in debt On the other hand filing for bankruptcy initiates the biggest challenge that one has to deal with the im ...

We look at how filing for Chapter 7 or Chapter 13 bankruptcy can affect your credit score and how you can recover.

Spirit Airlines rejected Frontier Airlines' second attempt of trying to merge and is moving forward with its bankruptcy plans ...

Frontier Airlines is attempting for a second time to merge with the now bankrupt Spirit Airlines, which declared bankruptcy ...

Frontier had pitched the bankrupt airline on a coupledom that it claimed would have created a formidable low-cost competitor ...