Filing for Chapter 7? Avoid the errors that could derail your bankruptcy case or leave you worse off financially.

Bankruptcy is a legal process designed to relieve debt that a borrower cannot repay. It offers individuals and businesses a fresh financial start by liquidating assets or establishing a payment plan.

Chapter 7 bankruptcy offers relief from your debt, but the limitations of this approach can impact your finances.

Filing for Chapter 7 can wipe out your debt quickly, but some property may be on the line if it isn't protected.

If an individual files for Chapter 7 bankruptcy, which discharges their personal obligations secured by a mortgaged property, are they still a “consumer” with a “debt” as the FDCPA defines those terms ...

Corporations, limited liability companies (LLCs), and other businesses can file for protection under either Chapter 7 or Chapter 11 of the Bankruptcy Code. While a Chapter 11 bankruptcy can lead to ...