Failing the Chapter 7 means test doesn't end your pursuit of debt relief, but it may change the path you take.

Could your debt be reduced or forgiven? Take our financial relief quiz. There is no minimum debt requirement to qualify for Chapter 7 bankruptcy, according to U.S. bankruptcy law. In most cases, it ...

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 ...

Mark Henricks has written on mortgages, real estate and investing for many leading publications. He works from Austin, Texas, where he engages in songwriting, wilderness backpacking, whitewater ...

BENNINGTON — The Southern Vermont College trustees have once again voluntarily entered the former college into the Chapter 7 bankruptcy process — likely heading toward an auction of real estate and ...

The chain had first filed for Chapter 11 bankruptcy protection, and now it's moving into a Chapter 7 liquidation pending ...

A federal judge rules that Dr. Phil's Merit Street Media creditors will be better protected if the collapsed TV startup is ...

In a "highly unusual" move, a lender to embattled San Jose Sharks star Evander Kane sued the winger for $15 million, plus attorney fees, in the latest chapter of his tangled bankruptcy case. In ...

Pennsylvania battery recycling facility was idled late last year, with a Chapter 7 petition filed at the end of January. Should the owners of Inmetco proceed with the Chapter 7 process, its assets ...

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