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 ...

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 ...

Typically, your business's obligation to pay its debts is lifted once you receive your bankruptcy discharge. However, you may realize that you forgot to include a creditor in your bankruptcy once you ...

What Is a Debt Discharge? The phrase "debt discharge" represents a pivotal point in a bankruptcy proceeding. It's the much-anticipated moment when an individual, who has declared bankruptcy, is ...

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 ...

Corporations, limited liability companies (LLCs), and other businesses can file for protection under either Chapter 7 or Chapter 11 of the Bankruptcy Code. While a Chapter 11 bankruptcy can lead to ...

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