Too often creditors are faced with accounts that are seemingly uncollectable. If the debtor had money on hand to pay, ...

Bankruptcy is designed to provide relief to debtors in legitimate cases with the ultimate goal of providing a fair and ...

Trump and his inner circle have ownership interest in various crypto assets. Establishing a strategic crypto reserve suggests ...

On the heels of a major creditor seeking to dismiss the bankruptcy case of one of Future Legends Sports Complex’s subsidiary companies, the project’s former general contractor has filed the same ...

In an opinion issued on Jan. 24, 2025, on a motion for a stay pending appeal of the court’s decision that a Bankruptcy Code Section 363 sale by an insured debtor of certain insurance policies in ...

A North Carolina debtor who sold her Raleigh condo without court permission persuaded the Fourth Circuit Wednesday to vacate ...

The committee said it plans to address Giuliani’s alleged shortcomings in an upcoming June 17, hearing, but also told the court that it believed “the Debtor’s ‘trust but verify’ window ...

The U.S. bankruptcy system is generally an efficient mechanism for companies and individuals seeking to restructure their debts and obtain a ...

“If a party were to disseminate this information to media outlets or on social media, this would result in every member of the general public having access to where the Debtor (Sanders) makes ...

The lender must also send the debtor a copy of the form. Form 1099-C reports canceled or forgiven debts of $600 or more and the IRS often considers those funds income. Some canceled debt isn't ...