Before you swipe, withdraw or transfer cash, you should know how spending works in a Chapter 7 bankruptcy case.

SIOUX FALLS, S.D. (AP) – A federal trustee asked a judge Tuesday to convert a troubled South Dakota beef processing plant’s bankruptcy to a Chapter 7 liquidation. Assistant U.S. trustee James Snyder ...

No paycheck doesn't necessarily rule out bankruptcy, but there are a few important things to know before filing.

The prospects for troubled banking-as-a-service startup Synapse have gone from bad to worse this week after a United States Trustee filed an emergency motion on Wednesday. The trustee is asking to ...

This bankruptcy timing rule could determine whether you keep recent payments or lose them to creditors. Here's why.

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 ...

When Byron David filed a Chapter 7 bankruptcy case in July of 2018, Donald King was appointed Chapter 7 trustee. King filed an application to retain a law firm as his counsel. The bankruptcy court ...

To shield bankruptcy trustees and certain other entities from litigation arising from actions taken in their official capacity, the "Barton doctrine"—now more than a century old—provides that such ...

The Chapter 7 trustee for the estate of fired Major Lindsey recruiter Sharon Mahn indicated plans to abandon Mahn's allegations of sexual assault in New York County Supreme Court. The trustee's ...

Canoo Inc. has filed for Chapter 7 bankruptcy, prompting the appointment of a Bankruptcy Trustee to manage the liquidation of its assets, as announced on January 17, 2025. Despite securing contracts ...