The plan, on the other hand, must not be so long that it appears unworkable to the court; in most cases, a small business debtor's Chapter 11 plan takes three to five years to complete and complete.

The U.S.-based operator of Forever 21 was preparing to close at least 200 more locations as part of a bankruptcy process ...

Bench Accounting, like many fintech startups, had ambitions to shake up a boring but important corner of finance — in this ...

This paper examines the effects of main bank switching on the probability of small business bankruptcy by employing a propensity score matching estimation approach. We use a unique firm-level data set ...

The company, which once enjoyed a surging stock price, struggled to turn its plans for electric and hydrogen trucks into a ...

In the past few years, the improper use of the Bankruptcy Code's Chapter 11 provisions ... morning Monday-Saturday with all the day’s top business news, inspiring stories, best advice and ...

A non-profit organization that supported small businesses across British Columbia has ceased operations due to financial challenges. Small Business B.C. (SBBC) was placed under bankruptcy on Dec.

Although loans backed by the Small Business Administration are still in play, South Florida operators remain uncertain about ...

I thought it would be the most helpless I'd ever feel. In reality, deciding I needed to declare bankruptcy a year and a half later felt worse. While hospitalized, I was diagnosed with Borderline ...