Discharge rate. This is a term that's used to describe the completion or success rate of a bankruptcy. In 2021, there were 288,327 Chapter 7 filings and 120,002 Chapter 13 filings in the U.S.

Within those numbers, 12 hospital companies filed for bankruptcy in 2023, while five filed in 2024. 💵💰 Don't miss the move: Subscribe to TheStreet's free daily newsletter 💰💵 ...

There are two main types of business bankruptcies in the U.S.: Chapter 7, or “liquidation bankruptcy,” and Chapter 11, or “rehabilitation bankruptcy.” ...

Here's how Chapter 7 and Chapter 13 bankruptcy differ. Choosing to file for bankruptcy is a big decision, but it’s the first of many that filers will encounter as they go through the process.

NYC bankruptcy attorney at the Law Office of William Waldner whose sole focus is in the areas of chapter 7 and chapter 13 bankruptcy cases. Though most lawyers and accountants recommend against ...

Chapter 7 bankruptcy can offer a financial reset, but it's not without consequences. You'll likely lose some assets, damage your credit and remain on the hook for certain debts.

When a company decides it can no longer stay in business, it often ends up filing for Chapter 7 bankruptcy liquidation. That appears to be the destiny of Toys R Us.. The toy retailer filed for ...