We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. So, what can you lose when you file for bankruptcy? Here's a closer look ...

*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 ...

Tricolor Auto Holdings, a Dallas-based chain of used-car dealerships and a major subprime auto lender, has filed for Chapter 7 bankruptcy and will liquidate its assets, ending operations that once ...

Auto dealer Tricolor filed for Chapter 7 bankruptcy in Texas court on Wednesday, moving to liquidate its business a day after Fifth Third Bank warned of alleged fraudulent activity at the company.

The average American household currently carries over $7,000 in credit card debt, and for a large number of borrowers, other debts, like medical bills and personal loan debts, are also piling up amid ...

The U.S. firearms industry faced economic hardship in 2025 as gun manufacturers, ammunition producers, firearms retailers, and shooting ranges filed for bankruptcy protection to reorganize or ...

A north Texas automotive group, Tricolor Auto Group, has filed for Chapter 7 bankruptcy, claiming to owe more than $1 billion in liabilities. Tricolor operates five dealerships across the Houston area ...

A restaurant company known for serving Mexican cuisine across multiple states since 1989 has filed for bankruptcy, according to court documents filed this month. Abuelo's International, also known as ...

There’s a quiet tragedy unfolding in American malls: a glitter-filled, bejeweled sadness that whispers of a bygone era. The sparkle has dimmed at Claire’s. The mall chain that has long served as a ...