Chapter 7 bankruptcy has specific income requirements, but many filers qualify. Here's what determines the outcome.

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 ...

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 ...

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 ...

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 ...

In a "highly unusual" move, a lender to embattled San Jose Sharks star Evander Kane sued the winger for $15 million, plus attorney fees, in the latest chapter of his tangled bankruptcy case. In ...

Pennsylvania battery recycling facility was idled late last year, with a Chapter 7 petition filed at the end of January. Should the owners of Inmetco proceed with the Chapter 7 process, its assets ...

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 ...