An ambitious burger concept aimed to disrupt fast food. Just a year later, it has filed for bankruptcy and closed its doors.

After announcing that its Berkeley Riverfront location would be closing in late July, Bar K has now filed for bankruptcy.

The creative dog park and restaurant/bar venue gained national recognition, but it wasn't enough to turn around financial ...

Claire's, an accessory and ear piercing shop that was once a staple in malls, filed for Chapter 11 bankruptcy this week.

The Chapter 7 bankruptcy process only starts after you complete a credit counseling course from an approved agency. “The course can be taken online, over the phone, or in person,” Tayne said.

Claire's filed for bankruptcy in Delaware on Wednesday, marking the second time the jewelry accessories chain geared toward ...

The most common types of bankruptcy are Chapter 7 and Chapter 13. This article breaks down these two options, including how they work, the pros and cons of each and how to file.

To qualify for Chapter 7 bankruptcy, you must pass the "means test," which compares your income to the median income in your state. If your income is below the median, you automatically qualify.

Example of a Chapter 7 Bankruptcy The popular American eatery Bennigan’s was closed when its parent company, Metromedia Restaurant Group, filed for chapter 7 in July 2008.

Chapter 7 bankruptcy is often referred to as “liquidation” bankruptcy. In this process, the court appoints a trustee to sell your non-exempt assets and use the proceeds to pay back creditors ...

Declaring bankruptcy, in general, has a negative impact on your credit, whether you file Chapter 7, Chapter 13 or another type of bankruptcy. Filing bankruptcy can make it more difficult and more ...

And even if not converted to Chapter 7 or dismissed, some Chapter 11 proceedings still result in the business closing its doors and liquidating rather than reorganizing. All this can take a long time.