To qualify for Chapter 7 bankruptcy, you must pass a means test, which consists of two stages. If you can prove that you make less than your state median income, you qualify for Chapter 7.
Many people turn to Chapter 13 bankruptcy, or reorganization, when they can’t pass the Chapter 7 means test. They can also file if they don’t want to lose their home to foreclosure.
Bankruptcy filing varies in different countries. In India if you file for bankruptcy it will not go down well with your credit rating, which means that it may be tough for you to get a new loan if you ...
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Tupperware, the iconic American brand known the world over for its plastic food containers, officially filed for bankruptcy protection in Delaware. The 78-year-old company has been battling for ...
Throughout 2024, the restaurant industry has been shaken by numerous bankruptcy filings from major chains like Red Lobster and regional spots like Melt Bar & Grilled. Now, a popular fast-casual burger ...
Tupperware Brands, the food-storage company known for its resealable plastic containers and pioneering direct-to-consumer sales, has filed for bankruptcy after years of struggling with weak sales.
Tupperware Brands is preparing to file for bankruptcy as soon as this week, according to people with knowledge of the plans, following a years-long effort to revive the business amid waning demand.
Company denies claims its talc products caused cancer J&J calls "fair and equitable to all parties" Sept 20 (Reuters) - A Johnson & Johnson subsidiary filed for bankruptcy for a third time on ...
A Johnson & Johnson subsidiary filed for bankruptcy for a third time on Friday as the healthcare giant seeks to advance an approximately $10 billion proposed settlement that would end tens of ...
Tupperware Brands has filed for Chapter 11 bankruptcy protection amid growing struggles to revitalize its business. The iconic food storage company said it plans to continue operating and will ...