Income limits vary by bankruptcy type, state, and household size, but they're typically higher than people expect.

Bankruptcy refers to a legal process that individuals or businesses can undertake when they are unable to repay their debts. It is a formal declaration that an individual or organization is unable to ...

Facing financial trouble? If you’ve declared bankruptcy previously and are considering filing again, the good news is there’s no limit on the number of times you can file for bankruptcy. There are, ...

With speculation flying that the luxury retailer could file for Chapter 11, attorneys lay out what might come next.

The owner of Saks Fifth Avenue and Neiman Marcus is in talks with creditors about financing for a coming chapter 11 filing.

Luxury retailer Saks reportedly faces potential bankruptcy as parent company weighs Chapter 11 filing amid $100+ million debt ...

After nearly three decades with Saks, I will be stepping down as chief executive officer,” Marc Metrick said in a statement.

The largest luxury retailer in the world, which also owns Bergdorf Goodman and Saks off 5th, missed a $100 million debt ...

An airline has filed for bankruptcy two years after it grounded all flights. According to TheStreet, Greensboro-based Jet It submitted a Chapter 7 bankruptcy filing this week. The filing is different ...

Nonprofits across the country were left in the lurch, unable to access the donor cash that funds their work in education, ...

Nonprofit fundraising platform Flipcause Inc. filed bankruptcy weeks after California’s attorney general ordered the company to cease operations following reported delays in transferring donations to ...