Doing business with a customer in the shadow of bankruptcy is risky. A hallmark of bankruptcy law is equal treatment of similarly-situated creditors. The Bankruptcy Code frowns upon a debtor who, ...

Pepper Pay, an independent sales organization, or ISO, selling payment processing services to small businesses that accept credit and debit cards, voluntarily filed for Chapter 7 liquidation on March ...

Typically, in bankruptcy proceedings a creditor must return payments made shortly before the debtor filed for bankruptcy. At Monday’s argument in United States v. Miller, the justices were asked to ...

United States v. Miller presents the kind of simple facts that populate law-school hypotheticals. A business is in financial distress. The shareholders (who control the business) use some of its funds ...

US bankruptcy law is designed to promote and reconcile two core policy objectives: providing relief to financially distressed debtors and ensuring the equitable treatment of creditors vis-à-vis the ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Filing for bankruptcy can significantly impact your car loan, depending on the type of bankruptcy file, how much equity you have ...

For years, Robert and Jean DeMauro of North Haven made college tuition payments for their daughter to attend Johnson & Wales University. Then, in December 2014, the couple filed for bankruptcy. Now, a ...