Epiq AACER linked the rise to the “mounting financial pressure” faced by Americans in 2025, reflected in rising household debt levels as well as surveys which show growing pessimism among consumers ...

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Americans are in a tough spot right now when it comes to debt. According to the latest Household Debt and Credit Report, the total household debt hit $18.2 trillion in Q1 2025, and credit card ...

Court records show that the trustee in Turkey Leg Hut's bankruptcy case has filed a notice indicating that more than $6.5 million in scheduled claims will be discharged without payment.

*Chapter 7 bankruptcy, also known as “liquidation bankruptcy,” allows people to discharge most unsecured debts. This includes medical bills, payday loans, and credit card balances. A trustee may sell ...

In an industry that saw pandemic-era optimism fuel unsustainable expansion, Verijet’s implosion joins a growing list of 2025 ...

The channel reports that Birmingham-based Montgomery Transport LLC has filed for Chapter 7 bankruptcy and has immediately ceased operations, with about 1,000 employees now out of work. The company did ...

Elysse Bell is a finance and business writer for Investopedia. She writes about small business, personal finance, technology, and more. Vikki Velasquez is a researcher and writer who has managed, ...

*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. Claiming more than $12 million in debts, O'Fallon City Treasurer David Hursey and his wife Susan filed for personal bankruptcy on ...