U.S. bankruptcy filings rose 11.4% to 621,111 in the year ending September 30, 2026. Bankruptcy attorney and consumer ...

If you’re trying to make sense of bankruptcy jargon and hoping to understand the differences between the different types of bankruptcies, particularly Chapter 7 and Chapter 13, you’ll want to read on.

Discover who qualifies for each, what you keep, what it costs, and how each one affects your home and your credit score.

Companies in dire financial situations where bankruptcy is their best—or only—option have two main choices in the U.S.: Chapter 7 bankruptcy or Chapter 11 bankruptcy. Both are also available to ...

What Is a Debt Discharge? The phrase "debt discharge" represents a pivotal point in a bankruptcy proceeding. It's the much-anticipated moment when an individual, who has declared bankruptcy, is ...

Could your debt be reduced or forgiven? Take our financial relief quiz. There is no minimum debt requirement to qualify for Chapter 7 bankruptcy, according to U.S. bankruptcy law. In most cases, it ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But while pursuing this type of debt relief can be a smart move in ...

In the 12 months ending June 30, 2026, Americans filed 608,511 bankruptcy cases, up 12.2% from the year before, according to the Administrative Office of the U.S. Courts. Roughly 96% of those cases ...

Filing Chapter 7 bankruptcy, however, means the company will be liquidated. A buyer could emerge that continues operations, ...

And now a franchisee of the 84-year-old fast-casual restaurant chain Dickey’s Barbecue Pit has filed for Chapter 7 bankruptcy ...

Businesses in financial distress have multiple options to consider when attempting to reorganize or liquidate. A state court receivership or Chapter 7 Bankruptcy are likely options for liquidation ...

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 ...