The income limits for Chapter 7 depend on numerous factors, including a complex calculation called the means test.

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

Learn how the right debt relief option can help you avoid bankruptcy now.

Could your debt be reduced or forgiven? Take our financial relief quiz. Filing for bankruptcy can come with steep costs, even before your debts are discharged. You’ll need to pay court filing fees, ...

The mystery isn’t why so many people file for bankruptcy each year. It’s why more people don’t. Each year, only a fraction of the Americans who could benefit financially from bankruptcy actually seek ...

Today is the deadline for customers of the genetic testing company 23andMe to file a claim as part of a restructuring in its bankruptcy case. In filing a claim, eligible customers can seek ...

When used correctly, it’s a financial tool that can protect jobs and give companies the breathing room they need to ...

Even solvent companies can find themselves in bankruptcy court and forced to return payments when a customer or vendor goes bankrupt. Here’s how to respond—and defend—when a trustee comes calling.

Bankruptcy refers to a legal process that individuals or businesses can undertake when they are unable to repay their debts. It is a formal declaration that an individual or organization is unable to ...

If you have a 23andMe account, you have until July 14 to file a claim as part of the restructuring in its bankruptcy case. The filing claim allows eligible customers to seek compensation for financial ...