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 ...

The Justice Department has updated a key application form under a new process that may make it much easier for many borrowers to discharge their federal student loans in bankruptcy. Here’s the latest.

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 ...

Chapter 7 bankruptcy is a legal process designed to help people who genuinely cannot pay their debts. It’s often called “liquidation bankruptcy” because it can involve selling some property to pay ...

If you're overwhelmed by debt, bankruptcy is just one option Greg Daugherty has worked 25+ years as an editor and writer for major publications and websites. He is also the author of two books. Erika ...

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 ...

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 ...

In the complex world of finance and business, bankruptcy serves as a crucial mechanism that allows struggling companies to reorganize and regain financial stability. One of the most well-known forms ...

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

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 ...