You don’t need a minimum amount of debt to qualify for Chapter 7 bankruptcy. Filing for Chapter 7 can significantly impact ...

If you're thinking about filing for bankruptcy soon, make sure you know the answers to these key questions first.

Record consumer debt, years of steep inflation and other factors are driving more Americans to considering filing for ...

If a company files for Chapter 7 bankruptcy, that means it's heading for liquidation, in which assets are sold off to pay creditors.

If you're deep in debt, bankruptcy can help wipe the slate clean, but it's not the only option worth weighing.

Depending on the type of bankruptcy filed, you could eventually lose important assets. For example, Chapter 7 can only delay a home foreclosure and not halt it. Bankruptcy stays on your credit ...