Failing the Chapter 7 means test doesn't end your pursuit of debt relief, but it may change the path you take.

*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 ...

Guidance for business entities seeking to liquidate their assets under Chapter 7 of the Bankruptcy Code, including why a financially distressed business may choose liquidation under Chapter 7 rather ...

The popular Mexican restaurant chain has filed for Chapter 11 bankruptcy but is at risk of having it converted. Once a company files for bankruptcy protection, it puts itself at the mercy of the court ...

A federal judge ruled that a bankruptcy proceeding for Dr. Phil McGraw's Merit Street Media, the TV personality's failed ...

A Texas judge criticizes Dr. Phil McGraw for lack of transparency in business dealings and directs Merit Street Media assets ...