U.S. Bankruptcy Judge Scott Everett ordered that McGraw’s case will instead move forward as a Chapter 7 liquidation to repay ...

A federal judge ruled that a bankruptcy proceeding for Dr. Phil McGraw's Merit Street Media, the TV personality's failed ...

Guidance for business entities seeking to liquidate their assets under Chapter 7 of the Bankruptcy Code, including why a financially distressed business may choose liquidation under Chapter 7 rather ...

Bankruptcy is a legal process designed to relieve debt that a borrower cannot repay. It offers individuals and businesses a fresh financial start by liquidating assets or establishing a payment plan.

A federal judge rules that Dr. Phil's Merit Street Media creditors will be better protected if the collapsed TV startup is ...

If an individual files for Chapter 7 bankruptcy, which discharges their personal obligations secured by a mortgaged property, are they still a “consumer” with a “debt” as the FDCPA defines those terms ...

Dr. Phil was accused of deleting vital evidence in his bankruptcy trial. "Candor to the court is critical," Judge Everett ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But while pursuing this type of debt relief can be a smart move in ...

The owner of Mi Scuzi Ristorante Italiano has filed for personal Chapter 7 bankruptcy following the restaurant's abrupt closure. Michael Farsace's filing lists liabilities between $500,001 and $1 ...