Once you file, an automatic stay goes into effect, which is a powerful legal protection that stops creditors from pursuing ...

Understanding how bankruptcy works and when to file for bankruptcy is critical in determining whether it’s the right step for ...

JUSTIN, Texas (KNWA/KFTA) — Electric vehicle company Canoo announced on Jan. 17 that it filed for Chapter 7 bankruptcy.

When financial distress becomes overwhelming, finding a way out can feel impossible. Two common paths—debt negotiation and ...

Borrowers holding private student loans managed by the National Collegiate Student Loan Trusts (NCSLT) may soon receive a ...

Because of a recent proposed settlement with the CFPB, some private student loan borrowers may see a stop to collections efforts.

Sallie Mae, which formally operates under the updated name SLM, posted an earnings miss after the close on Thursday. American Express follows early Friday. SLM stock fell in late trade. SLM offers ...

There’s no going-out-of-business sales announced at this point for JOANN, the Hudson, Ohio-based fabric and crafts retailer ...

KBRA comments on RMF Proprietary Issuance Trust 2019-1 (RPIT 2019-1), a securitization of proprietary reverse mortgage loans originated by Reverse Mortgage Funding, LLC (RMF). In 2022, RMF filed for ...

Therefore, despite having a college fund, I encouraged my daughter to apply for student loans. Related stories I hope she can learn financial responsibility Apart from emphasizing savings and ...

Big Lots was the fourth-largest home goods retailer in the U.S. when it filed for bankruptcy, with $4.7 billion in 2023 revenue, 1,392 stores at the beginning of 2024, and more than 27,000 employees.