A 70-year-old furniture chain closed all locations in December and filed for Chapter 7 liquidation, leaving customer deposits and orders at risk.

Americans filed hundreds of thousands of bankruptcy petitions over the past year, with Chapter 7 representing a large percentage of those cases. That makes sense considering that Chapter 7 is ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Chapter 7 bankruptcy comes with several important limitations that ...

When money problems start piling up and filing for bankruptcy appears to be the only option, the timing suddenly starts to matter in ways that many people don't expect. A paycheck arrives late. A tax ...

Value City Furniture's parent company, American Signature Inc., has filed for Chapter 11 bankruptcy. The company plans to sell assets and close additional stores, including two locations in Indiana.