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.

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

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

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 ...

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

The Insolvency Department says some individuals abuse their bankrupt status to avoid burdensome loan repayments for large ...

In addition, Barna recommended smart debt management strategies, including lowering interest rate payments and maintaining a six-month savings cushion to avoid bankruptcy. “In short ...

A federal bankruptcy court held that an employer cannot rely on the “unforeseeable business circumstances” or “faltering company” exceptions to ...