When you file for bankruptcy, you’re basically telling a federal court that you can’t afford your debts and you need ...

*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 ...

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 ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. So, what can you lose when you file for bankruptcy? Here's a closer look ...

The largest trucking bankruptcy this year.Over 1,000 employees impacted.The shutdown was abrupt after sales talks failed.

Florida-based charter carrier Verijet has filed for Chapter 7 bankruptcy, signaling the end of its roughly five years in ...