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 ...

Chapter 13 bankruptcy is a legal process that restructures your debt and can, potentially, save your home from foreclosure. Your slate won’t be wiped clean, rather it is designed for individuals who ...

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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 ...

What is Chapter 11 bankruptcy? Chapter 11 bankruptcy allows a debtor—typically a corporation, a sole proprietorship, or a partnership—to outline a plan of reorganization that allows it to continue ...

You can sometimes get a loan during bankruptcy, but there are challenges Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, ...

When a corporation or partnership runs into financial trouble but wants to remain open, it has the option to file for a chapter 11 bankruptcy. This provides protection from creditor actions while the ...

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 ...

As 2025 winds down and the holiday season looms, millions of Americans are confronting an uncomfortable truth: Their debt has become unmanageable over the past year. And, that makes sense. Not only is ...