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 ...

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 ...

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

Rather than accept Frontier’s offer, Spirit said it will stick to its current plan to emerge from Chapter 11 bankruptcy.

Two attempts by Johnson & Johnson to resolve approximately 60,000 talcum powder lawsuits through bankruptcy courts have ...

With companies controlled by Daryl Heller now allegedly owing more than $200 million to a variety of creditors, one lender is ...