Filing for Chapter 7? Avoid the errors that could derail your bankruptcy case or leave you worse off financially.

Chapter 7 bankruptcy offers relief from your debt, but the limitations of this approach can impact your finances.

Filing for bankruptcy can feel like a financial lifeline when you’re drowning in debt, but not everyone qualifies. Understanding what might block your path to bankruptcy is crucial before you start ...

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 ...

Could your debt be reduced or forgiven? Take our financial relief quiz. There is no minimum debt requirement to qualify for Chapter 7 bankruptcy, according to U.S. bankruptcy law. In most cases, it ...

Jet It grounded its fleet in 2023 leaving its fractional owners scrambling. The day before Christmas the story ended with a ...

Among those who filing were Boston Harbor Distillery, Westward Whiskey parent House Spirits Distillery, McCallum & Sons ...

Chapter 7 can wipe out overwhelming debt, with notable exceptions such as student loans. Many, or all, of the products featured on this page are from our advertising partners who compensate us when ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Along with the sudden shutdowns of commercial airlines including Play and Blue Islands, a number of charter and fractional ...

If you’re exploring bankruptcy, that probably means your debt situation is serious. It can be really frustrating to find out that bankruptcy cases cost money. If you had money, you might not need ...