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 ...

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

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

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 ...

Bankruptcy can discharge or restructure most credit card debt, but there are exceptions. For example, luxury purchases or ...

The restructuring deal is expected to preserve about 3,800 jobs and erase tens of millions of dollars in debt — but it would ...

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

The Container Store Group is ready for a future as a private company after bankruptcy proceedings.

A hearing for the Idaho-based company is set for Friday, when a judge will rule on the sale of the aquarium’s remaining ...