It was designed to remove red tape and costs, but one creditor has mixed feelings towards the small business restructuring system.

A $50 million debt lifeline for Rex will pave the way for a second crack at selling the embattled regional airline.

The Australian government has become the principal secured creditor of embattled operator Regional Express (Rex), after ...

The Albanese government will become the embattled regional airline’s largest creditor after acquiring $50m of its debt.

Thames Water on Wednesday said that the restructuring plan proposed by the struggling utility company to extend its liquidity ...

The short answer is yes, most collections debt can be eliminated through bankruptcy, but the type of bankruptcy you file ...

When a debtor files for bankruptcy, creditors often fear their claims will be wiped away. However, under Section 523 of the ...

Debt settlement involves persuading creditors to accept less than the amount you owe as payment in full. Normally, debt ...

Country Garden Holdings Co. said it will resume trading at 9 a.m. in Hong Kong Tuesday, after the Chinese property giant ...

A lawyer for embattled Chinese property developer Country Garden has told a Hong Kong court that it expects to reach a deal ...

The court hearing, which was held to measure progress in reaching an agreement with creditors, was then adjourned until May ...

Here's how it works: A debt relief "debt expert" reviews your financial situation and debts. You may be asked to stop making ...