Filing for bankruptcy can provide serious relief from your mounting debt, but there are a few things to know first.

Going through the bankruptcy process isn't difficult, according to Dai Rosenblum, an attorney and a counselor of law in Butler, Pennsylvania. "It is truly simple to file a Chapter 7 fresh-start ...

Once you file, an automatic stay goes into effect, which is a powerful legal protection that stops creditors from pursuing collection actions against you, including phone calls, wage garnishments and ...

Chapter 7 bankruptcy is faster and cheaper than Chapter 13 bankruptcy, but it could involve selling your assets. Many, or all, of the products featured on this page are from our advertising ...

The main difference between Chapter 7 and Chapter 13 is that in a Chapter 7 process, the court can liquidate your nonexempt assets to pay your outstanding debts. This means selling your home ...

In an official announcement released at 8:15PM last night, Walmart-backed electric van company Canoo filed a voluntary petition for relief under Chapter 7 of the US Bankruptcy Code and will cease ...