Filing Chapter 7 bankruptcy is a serious financial decision for individuals who have large amounts of debt they likely won’t ever be able to repay. Though filing for Chapter 7 ultimately gives you a ...

As discussed in an earlier post called “Moving Up: Bankruptcy Code Dollar Amounts Will Increase On April 1, 2019,” various dollar amounts in the Bankruptcy Code and related statutory provisions were ...

If you’re getting hounded by creditors, facing foreclosure on your home or feeling overwhelmed by debt in other ways, bankruptcy might be the answer. Filing for bankruptcy has lasting ramifications on ...

Could your debt be reduced or forgiven? Take our financial relief quiz. When you have a daunting amount of debt and are having trouble paying it back, bankruptcy is an option. Filing bankruptcy gives ...

The type of small business you own determines the effect a Chapter 7 bankruptcy case will have on it. When a company files for Chapter 7 bankruptcy, the business closes. However, when the owner of a ...

Chapter 7 bankruptcy involves liquidating a debtor's non-essential assets to repay creditors. Chapters 11 and 13 are more expensive and longer than Chapter 7, but you can keep your assets. Chapter 7 ...

The number of Americans filing for individual bankruptcy is soaring this year. Filings for Chapter 7 bankruptcy — the most ...