*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 ...

Chapter 7 bankruptcy is a legal process designed to help people who genuinely cannot pay their debts. It’s often called “liquidation bankruptcy” because it can involve selling some property to pay ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But while pursuing this type of debt relief can be a smart move in ...

Days after Spirit Airlines filed for bankruptcy and began restructuring, another airline, Verijet, a private jet startup, ...

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 ...

According to Flying Mag, Verijet — a Kissimmee, Florida-hailing private airline that touts itself as a green option for ...

When a trucking company shuts down, it usually has a wind-down period when it delivers any remaining loads in its possession.

On Friday, Spirit Airlines published an open letter to its guests announcing that the airline has filed for Chapter 11 bankruptcy. While operations will continue as normal for now, the bankruptcy ...