U.S. bankruptcy filings rose 12.2% year over year, while chapter 7 bankruptcy filings increased 14.7% and chapter 13 ...

If you’re trying to make sense of bankruptcy jargon and hoping to understand the differences between the different types of ...

Learn what Chapter 7 bankruptcy is, how it works, who qualifies, and its impact on your finances.

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 ...

Birmingham restaurateur Nick Pihakis, whose restaurant empire unraveled this year amid closures, lawsuits and mounting debt, has filed for Chapter 7 bankruptcy protection in federal court.

When a business self-limits its audience, it makes its chances for success more challenging. Yes, that niche crowd might aggressively support you, but finding broader support may prove elusive. That ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. No minimum amount of debt is required for ...

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 ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. The bankruptcy system operates under strict federal rules, after all, ...

Christian Allred has been a professional writer since 2020. He's written for some of the industry’s top brands and publications, including Rocket Mortgage, PropStream, Propmodo, and CRE Daily.

*Chapter 7 bankruptcy, also known as “liquidation bankruptcy,” allows people to discharge most unsecured debts. This includes medical bills, payday loans, and credit card balances. A trustee may sell ...