Stoli Group filed to convert two of its U.S. companies from chapter 11 to chapter 7 bankruptcy after the company could not reach a restructuring agreement with its senior lender.

The global vodka company filed a motion to convert its Chapter 11 bankruptcy reorganization to a Chapter 7 liquidation.

Filing for Chapter 7 can wipe out your debt quickly, but some property may be on the line if it isn't protected.

Chapter 7 bankruptcy offers relief from your debt, but the limitations of this approach can impact your finances.

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 ...

If you’re exploring bankruptcy, that probably means your debt situation is serious. It can be really frustrating to find out that bankruptcy cases cost money. If you had money, you might not need ...

Florida-based charter carrier Verijet has filed for Chapter 7 bankruptcy, signaling the liquidation of its assets and the end of its roughly five years in operation. Despite rapid growth and once ...

Some retirement accounts have federal bankruptcy protections, but the rules vary by account type and situation.