The order preserves the minority lenders’ right to continue litigating the company’s 2024 debt transaction.

Discover how filing bankruptcy impacts your car loan. Learn the pros, cons, and steps involved. Explore options to either ...

Biden's reforms to the bankruptcy process for student-loan borrowers are working. The main issue: not enough people know ...

By Nicholas P. Brown NEW YORK, Feb 12 (Reuters) - Hoping to avert a court battle, negotiators are racing to resolve a dispute over whether millions of dollars in luxury handbags, clothing and jewelry ...

A bankruptcy judge approved an initial $125 million DIP financing for the CD&R-backed label maker.

Millions of people have gotten a break from paying their federal student loans during the pandemic. But there's been no relief for millions of others with private student loans who may not realize ...

The success rate for student loan borrowers who attempt to discharge their debt in bankruptcy has "jumped" to 87% in recent years, a new study finds. Still, few people pursue the option because of a ...

People with private student loans have been struggling during the pandemic. Their loans aren't eligible for the government's penalty-free repayment pause, which is in effect until at least Oct. 1 for ...

With $18 million in payroll due next week, bankrupt hospital operator Prospect Medical Holdings asked a judge on Wednesday to approve $30 million in emergency debt financing as it faces a cash crunch.

Even since a major reform of the bankruptcy laws in 2005, discharging private student loans through bankruptcy has been very difficult if not almost impossible. But on Aug. 31, 2020, a court affirmed ...