Before you swipe, withdraw or transfer cash, you should know how spending works in a Chapter 7 bankruptcy case.

Filing for bankruptcy isn't a decision that most people take lightly, and for good reason. Not only does a bankruptcy have a significant impact on your finances, but you must also meet specific ...

The historic vodka and whiskey brand moved from Chapter 11 to Chapter 7, with assets being liquidated and its future ...

*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 ...

If you’re exploring bankruptcy, that probably means your debt situation is serious. It can be really frustrating to find out that bankruptcy cases cost money. If you had money, you might not need ...

A co-signer will be held responsible for the debt if a borrower files for Chapter 7 bankruptcy. Here’s what you should know in order to protect yourself.

Corporations, limited liability companies (LLCs), and other businesses can file for protection under either Chapter 7 or Chapter 11 of the Bankruptcy Code. While a Chapter 11 bankruptcy can lead to ...

Several craft breweries have filed for Chapter 7 bankruptcy and closed operations in 2025. Financial distress led to liquidations, with assets totaling up to $1 million and higher liabilities. An ...

Stoli Group filed to convert two of its U.S. companies from chapter 11 to chapter 7 bankruptcy after the company could not reach a restructuring agreement with its senior lender.