What happens when you file for bankruptcy?
Once you file, an automatic stay goes into effect, which is a powerful legal protection that stops creditors from pursuing ...
Advertising tech company creditors file involuntary bankruptcy petition
Last year the Nasdaq warned the business it was at risk of being delisted. Creditors say they are owned unpaid consulting and ...
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Court Must Sign Off on Post-Petition Settlement to Survive Discharge
Todd Christenson filed for chapter 7 bankruptcy in November 2010. In February 2011, a federal bankruptcy court in Minnesota discharged ...
A once-promising EV startup files for Chapter 7 bankruptcy
In a recent statement, EV startup Canoo revealed that it has filed for Chapter 7 bankruptcy and will "cease operations immediately." The struggling EV startup noted that it failed to secure “foreign ...