Declaring bankruptcy can offer big relief to those buried by debt, but do debt collectors get paid in the process?

The Denver-based low-cost carrier said its combination with the Dania Beach, Florida-based Spirit would create a stronger low ...

J.C. Penney’s bankruptcy administrators argue that fees should be returned after Jackson Walker didn’t disclose the romantic ...

Discount carrier says a merger would be a better path out of bankruptcy for Spirit, which has rebuffed the latest proposal.

(Reuters) - Spirit Airlines on Wednesday said it expects to exit bankruptcy in the first quarter and rejected a merger with ...

The retailer used Chapter 11 to shed nearly $88 million in debt and will go forward as a privately held company owned by its ...

Spirit Airlines said on Wednesday it has rejected a bid from rival Frontier Group as it was not favorable for the low-cost ...

Another electric vehicle maker is finding itself in financial dire straights. Texas-based Canoo, which was originally founded ...

The small town of Cle Elum, Washington is one step closer to declaring bankruptcy after a special meeting and vote by its ...

California-based healthcare company Prospect Medical Holdings filed for bankruptcy earlier this month, raising uncertainty ...

Frontier Airlines is attempting for a second time to merge with the now bankrupt Spirit Airlines, which declared bankruptcy ...

Frontier said in a release that it has met with Spirit’s board and executives since it made its proposal this month.