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

The means test assesses your ability to repay debts to determine eligibility for Chapter 7 bankruptcy. You automatically pass the means test if your household income is under your state's median ...

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

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

To qualify for a Chapter 7 bankruptcy, your current monthly income must be less than the state median income. Otherwise, you’ll be subjected to a means test to determine your eligibility.

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 ...

Open to businesses and individuals, Chapter 7 is usually the fastest and least expensive way to declare bankruptcy, making it an attractive option for many distressed debtors. Eligibility ...

To file your Chapter 13 bankruptcy, you must pay a $235 case filing fee and a $5 miscellaneous administrative fee. These are typically paid to the court clerk and can be made in installments. You are ...

EcoMark Solar, which is owned by Alex Valdez, filed for Chapter 7 bankruptcy April 17. Chapter 7 requires a company to liquidate its assets and hand them over to creditors. Valdez has been a ...