Achieve reports that filing Chapter 7 bankruptcy without funds is possible through fee waivers, legal aid, and DIY options.

Bankruptcy doesn't disappear from your financial record when the bankruptcy process is complete, even once your debts are ...

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 ...

Elysse Bell is a finance and business writer for Investopedia. She writes about small business, personal finance, technology, and more. Vikki Velasquez is a researcher and writer who has managed, ...

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

When the financial troubles pile up faster than you can manage them, as they are for many borrowers in today's high-rate, inflationary environment, filing for bankruptcy can feel like the only way out ...

*Chapter 7 bankruptcy, also known as “liquidation bankruptcy,” allows people to discharge most unsecured debts. This includes medical bills, payday loans, and credit card balances. A trustee may sell ...

Outcomes vary depending on the type of bankruptcy filed, whether the loan is secured and whether a personal guarantee was signed. Many, or all, of the products featured on this page are from our ...