A wave of Chapter 11 and Chapter 7 filings in April signals growing financial strain across the trucking industry amid weak demand and rising operating costs.

U.S. corporate bankruptcies approached a 14-year high in 2024 and are expected to continue at a steady pace in 2025. With this increase in business bankruptcies across industries, it’s possible that ...

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Leaders should always be prepared to navigate the potential complexities of financial distress. As a final recourse, Chapter 11 bankruptcy can be a lifeline for companies facing insurmountable debts, ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Some business owners and individuals with large amounts of debt turn to Chapter 11 bankruptcy to restructure what they owe and ...

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C1, one of the nation’s largest solution providers known as ConvergeOne up until a few months ago, has filed for Chapter 11 bankruptcy protection. The firm was founded in 1993 but has since grown into ...

Chapter 11 plans that propose to extinguish existing equity interests because the estate does not have any value remaining after the payment of creditor claims are common. The Bankruptcy Code's ...