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There are two forms of personal bankruptcy: Chapter 13 and Chapter 7. Chapter 13 is for individuals who have significant equity in property that they want to keep. Such individuals typically have regular income but are behind on payments because of debt.

Apple, no stranger to patent litigation, countersued in May ... Kodak fired back, calling the suit "a ploy calculated to prevent the debtors from using the [bankruptcy] sale process to obtain a fair price for Kodak's digital capture portfolio ...

STOCKTON - City officials seek a five-year holiday from paying Stockton's debt to creditors, giving it breathing space to reorganize its finances, according to a massive document filed Friday in federal court supporting its bankruptcy case.

BOSTON — As his company aims to emerge from Chapter 11 bankruptcy protection, the head of AMR Corp. and American Airlines Inc. will discuss the airline's restructuring and how it will affect business travel at a business travel industry convention.

The United Mineworkers Association of America, the labor union that represents thousands of Patriot Coal Corporation employees and retirees is asking the judge overseeing the coal producer's bankruptcy to transfer the case from New York to southern West Virginia.