Doing business with a customer in the shadow of bankruptcy is risky. A hallmark of bankruptcy law is equal treatment of similarly-situated creditors. The Bankruptcy Code frowns upon a debtor who, ...

Chapter 13 bankruptcy can help borrowers reorganize debt, but it also comes with some trade-offs to understand.

Typically, in bankruptcy proceedings a creditor must return payments made shortly before the debtor filed for bankruptcy. At Monday’s argument in United States v. Miller, the justices were asked to ...

US bankruptcy law is designed to promote and reconcile two core policy objectives: providing relief to financially distressed debtors and ensuring the equitable treatment of creditors vis-à-vis the ...

Interest in personal bankruptcy is high as Americans continue to wrestle with a mix of high borrowing rates, persistent inflation and elevated amounts of debt. While there are a few different personal ...

When someone makes a payment to a creditor shortly before filing for bankruptcy, the Bankruptcy Code requires the creditor to return the funds. But whether those same obligations apply to the Internal ...

Last year, over half a million U.S. bankruptcies were filed. While entering bankruptcy can be painful and leave a financial scar, it’s often a necessary last resort for those trapped in a cycle of ...

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