Take our financial relief quiz. There is no minimum debt requirement to qualify for Chapter 7 bankruptcy, according to U.S. bankruptcy law. In most cases, it doesn’t make sense to file for ...

A competitor in the electric vehicle market has swooped in at auction to purchase some of Nikola's key assets in Arizona, ...

In Arizona, all Hooters in Arizona are owned and operated by franchisee Restaurants of America, which said Hooters' bankruptcy will have no impact on Arizona stores. "Restaurants of America is ...

Depending on the type of bankruptcy filed, you could eventually lose important assets. For example, Chapter 7 can only delay a home foreclosure and not halt it. Bankruptcy stays on your credit ...

Consumer bankruptcy is a process to reduce or eliminate personal as opposed to business debts. Consumer bankruptcies can be filed under either Chapter 7 or Chapter 13 of the bankruptcy code.

Lucid Motors has announced that it's acquiring certain facilities in Arizona owned by Nikola, an EV truck maker that filed ...

which was held April 7. Lucid has its own factory in nearby Casa Grande, Arizona, and so it sees value in acquiring more warehousing space, testing equipment, and employees, according to the company.