News

A co-signer will be held responsible for the debt if a borrower files for Chapter 7 bankruptcy. Here’s what you should know in order to protect yourself.
Hot dogs and burgers are hitting the grills across the United States this Fourth of July, but honestly ... we'd kill for a ...
Del Monte Foods canned vegetables at a store in New York, US, on Wednesday, July 2, 2025. Canned food company Del Monte Foods ...
Sandy McConnell, 80, works as a full-time accounts receivable specialist, earning about $50,000 a year. She has $37 in ...
Debt consolidation and bankruptcy are strategies to relieve debt, but the effects are radically different. Bankruptcy can ...
During bankruptcy, you won't be able to borrow more than $1,000 without notifying creditors that you’re currently bankrupt. If you don’t, you could face fines or jail time.
If you intend to proceed with your lawsuit against the company while it's in bankruptcy, you must obtain special permission from the bankruptcy court by filing a motion to lift the automatic stay ...
It's important to note that filing for Chapter 13 bankruptcy does not relieve cosigners of their responsibility for the debt. Cosigners remain liable for the student loan, and creditors can pursue ...
Filing for bankruptcy protection under Chapter 11 means that a company is on the brink of ceasing operations, but believes it can recover its success if given the opportunity to reorganize its ...
Whether you’re a lawyer advising a distressed company, a board member considering whether to approve a bankruptcy filing, a CFO preparing for one, or an employee caught in the middle, it pays to ...
When you file Chapter 13 bankruptcy, you set up a repayment plan based on your ability to repay the debts you owe. Over three to five years, you’ll repay some — or all — of your debts.