Income limits vary by bankruptcy type, state, and household size, but they're typically higher than people expect.

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 ...

Luxury retailer Saks reportedly faces potential bankruptcy as parent company weighs Chapter 11 filing amid $100+ million debt ...

The owner of Saks Fifth Avenue and Neiman Marcus is in talks with creditors about financing for a coming chapter 11 filing.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. As a result, personal bankruptcy inquiries surged nationwide in the ...

You can file for bankruptcy as often as you like; however, there are limits to how often you can receive a discharge. The timetable is as follows: Chapter 7 after Chapter 7: every 8 years Chapter 7 ...

If you’re getting hounded by creditors, facing foreclosure on your home or feeling overwhelmed by debt in other ways, bankruptcy might be the answer. Filing for bankruptcy has lasting ramifications on ...

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 ...

Facing financial trouble? If you’ve declared bankruptcy previously and are considering filing again, the good news is there’s no limit on the number of times you can file for bankruptcy. There are, ...