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 ...

Saks Global Enterprises, the cash-strapped luxury retailer, is planning to file for Chapter 11 bankruptcy protection as soon ...

Companies in dire financial situations where bankruptcy is their best—or only—option have two main choices in the U.S.: ...