However, not all unsecured debts can be discharged under Chapter 7. "Taxes, student loans, and child support obligations are generally not dischargeable in bankruptcy," Mortenson says. When it ...

Once you file, an automatic stay goes into effect, which is a powerful legal protection that stops creditors from pursuing ...

"It may be difficult to qualify for a loan after filing Chapter 7, especially if the bankruptcy was recent," Griffin says. Whether you qualify will likely depend on several factors, such as ...

You have always prepared your business’s tax returns yourself. However, your tax return has become more complicated due to the growth of your business or other factors. Thus, you have decided to ...

Bankruptcy courts are vigilant about ensuring the process is not abused. As a result, concealing assets, making fraudulent ...

Bankruptcy is one of those topics that nobody wants to become an expert in, but sometimes you have no choice. The good news is that compared to 2021, there have been fewer bankruptcies in the U.S ...

Data through November from the American Bankruptcy ... Chapter 7 may not be best if you’re a homeowner who has a large amount of home equity (but cannot access it with a home-equity loan because ...