When it comes to businesses, "there is no discharge of debts because, by law, the debtor business must liquidate and cease to exist," explains Galston. Carson explains that Chapter 7 bankruptcy ...

Filing for bankruptcy can provide serious relief from your mounting debt, but there are a few things to know first.

Going through the bankruptcy process isn't difficult, according to Dai Rosenblum, an attorney and a counselor of law in Butler, Pennsylvania. "It is truly simple to file a Chapter 7 fresh-start ...

Chapter 7 bankruptcy is faster and cheaper than Chapter 13 bankruptcy, but it could involve selling your assets. Many, or all, of the products featured on this page are from our advertising ...

The Congress shall have Power To...establish...uniform Laws on the subject of Bankruptcies throughout the United States.... The Bankruptcy Clause of the Constitution ...

Bankruptcy filings have also been increasing ... Chapter 13 discharge or four years following a Chapter 7 discharge. Federal law requires the completion of a credit counseling course from an ...