Companies facing financial distress use a variety of strategies to avoid bankruptcy. They often focus on cutting costs, restructuring debt, and improving cash flow to stabilize their operations.

Timing matters when filing bankruptcy and using your credit cards at the wrong time could jeopardize your case.

Getting the timing right can mean the difference between a successful bankruptcy and one that leaves debts behind.

The Isleton City Council will send a loan request to the Sacramento County Board of Supervisors to avoid filing for bankruptcy or ceasing operations entirely. On Tuesday night, the council voted to ...