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 ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. One of these rules, known as the "90-day rule," can have a big impact on ...

A court-appointed trustee will sell off Daryl Heller’s assets to satisfy debts following a federal bankruptcy judge’s order this week to convert Heller’s personal bankruptcy case from a Chapter 11 ...

On February 6, 2026, President Trump, after near unanimous support by the U.S. Senate and the U.S. House of Representatives, signed into law the Bankruptcy Administration Improvement Act of 2025 (the ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But bankruptcy isn't just limited to one single option. It's an umbrella ...

Fred Stevens, who had been the Chapter 11 trustee in Lancaster businessman Daryl Heller’s personal bankruptcy case, will continue to oversee the case following its conversion to a Chapter 7 ...