Before you swipe, withdraw or transfer cash, you should know how spending works in a Chapter 7 bankruptcy case.

This bankruptcy timing rule could determine whether you keep recent payments or lose them to creditors. Here's why.

Chapter 7 bankruptcy involves liquidating a debtor's non-essential assets to repay creditors. Chapters 11 and 13 are more expensive and longer than Chapter 7, but you can keep your assets. Chapter 7 ...

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 ...

The average American household currently carries over $7,000 in credit card debt, and for a large number of borrowers, other debts, like medical bills and personal loan debts, are also piling up amid ...

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 ...

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 ...

Right off the bat, let's dispense with bankruptcy's stigma. While the notion of erasing valid debts and starting fresh doesn't sit well with everyone, it's a concept as old as Moses. More than that, ...

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 ...

Filing Chapter 7 bankruptcy is a serious financial decision for individuals who have large amounts of debt they likely won’t ever be able to repay. Though filing for Chapter 7 ultimately gives you a ...

Bankruptcy is one of those topics that nobody wants to become an expert in, but sometimes you have no choice. The good news is that compared to 2021, there have been fewer bankruptcies in the U.S. in ...