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Discount carrier says a merger would be a better path out of bankruptcy for Spirit, which has rebuffed the latest proposal.

India's central bank on Thursday said it has filed an application with a company tribunal to initiate bankruptcy proceedings ...

Declaring bankruptcy can offer big relief to those buried by debt, but do debt collectors get paid in the process?

J.C. Penney’s bankruptcy administrators argue that fees should be returned after Jackson Walker didn’t disclose the romantic ...

Spirit Airlines said on Wednesday it has rejected a bid from rival Frontier Group as it was not favorable for the low-cost ...

Another electric vehicle maker is finding itself in financial dire straights. Texas-based Canoo, which was originally founded ...

The small town of Cle Elum, Washington is one step closer to declaring bankruptcy after a special meeting and vote by its ...

Spirit Airlines on Wednesday said it expects to exit bankruptcy in the first quarter and rejected a merger with rival ...

The Denver-based low-cost carrier said its combination with the Dania Beach, Florida-based Spirit would create a stronger low ...

Bankruptcy can discharge or restructure most credit card debt, but there are exceptions. For example, luxury purchases or ...