The income limits for Chapter 7 depend on numerous factors, including a complex calculation called the means test.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But while pursuing this type of debt relief can be a smart move in ...

Chapter 7 bankruptcy has specific income requirements, but many filers qualify. Here's what determines the outcome.

Guidance for business entities seeking to liquidate their assets under Chapter 7 of the Bankruptcy Code, including why a financially distressed business may choose liquidation under Chapter 7 rather ...

Whether you’re facing foreclosure, maxed-out credit cards or constant calls from creditors, you’ll eventually have to do something for financial relief. One option is bankruptcy. However, you’ll face ...

Filing Chapter 7 bankruptcy is a serious financial decision for individuals who have large amounts of debt they likely won’t ever be able to repay. Though filing for Chapter 7 ultimately gives you a ...

Fortnite has announced a Chapter 6 ending live event right after the Simpsons event concluded and promised an epic finale to ...

A federal judge ruled that a bankruptcy proceeding for Dr. Phil McGraw's Merit Street Media, the TV personality's failed ...

TV host Dr. Phil attempted to file for Chapter 11 bankruptcy for his media startup—but a judge ruled that he must liquidate the company.

Filing for bankruptcy should be a last resort, but it can give you a fresh start. There are different kinds of bankruptcy you can file; the one you choose depends on what you’re eligible for and how ...