The two most common types of bankruptcy for individuals are Chapter 7 and Chapter 13, each with its own eligibility criteria ...

If you're planning to file for bankruptcy, it's important to understand the minimum debt requirements beforehand.

Newham town hall is blaming a £157 million budget gap caused by the spiralling cost of providing temporary accommodation for ...

Many Americans are struggling financially, despite what their social media highlights show. According to the most recent ...

Bankruptcy is a legal process to help individuals and businesses manage overwhelming debt. While it provides a path to financial relief, the decision to file bankruptcy requires careful scrutiny ...

The retailer cut a pre-packaged deal with its lenders and was able to exit its tour of bankruptcy proceedings one month later. The deal with creditors allowed it to keep open 815 stores ...

One major disadvantage of debt settlement is that the government may tax forgiven or canceled debt as income. This could eat ...

Later this month Havering will discuss its council tax plans as it also tries to avoid going bust over a ... government loan or effectively declaring bankruptcy. Lambeth, which has issued a ...

Delays in insolvency proceedings not only frustrate the bankruptcy process, but also increase administrative expenses, which ...