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The aftermath of a business bankruptcy for a video game business has seen its owner, famous former Red Sox baseball pitcher Curt Schilling, selling off personal items, including a limited number of items of sports memorabilia...

Lots of people in New York and nationwide have trouble managing credit card debt. Often this, along with medical debt, becomes a major cause of having to seek debt relief through Chapter 7 bankruptcy or Chapter 13 bankruptcy.

The New York City Opera, an operation that has been around for approximately 70 years, is facing financial difficulties that may force it to file bankruptcy soon if increased fund raising efforts are unsuccessful.

A sudden or chronic illness can ruin a family’s finances. With the high cost of medical care these days, it is often true whether or not there is health insurance, since even the co-payments on hospital stays and surgical procedures can quickly mount up to unmanageable levels.

Imagine you are on the brink of filing for bankruptcy. You really want to file for Chapter 7, but you are worried that if you do make this choice that you will lose your home as a result.

When a company sinks so far in to debt that they decide its time to file for bankruptcy, what kind of options are available to them? There are a few choices that a business can make when they enter bankruptcy, and one of the most common types of business bankruptcy is Chapter 11.

One of the key aspects to a Chapter 7 bankruptcy filing is the discharging of certain debts the filer owes. These debts are placed into two groups: secured and unsecured.

When Hostess, one of the most famed manufacturers of baked goods in the U.S., filed for Chapter 11 bankruptcy in 2012, many people in New York and, really, all across the country feared that the company’s iconic treat...

Called Cooper Beech Farm, it sits on 50 acres in Greenwich, Connecticut, a community with an average income many times greater than that of most average Louisiana residents (or, indeed, residents of any U.S. state).

Foreclosure can devastate a family, leaving them without a home and in a desperate financial situation. How people get into such an unfortunate situation varies from person to person.