If you're planning to file for bankruptcy, it's important to understand the minimum debt requirements beforehand.

Once you file, an automatic stay goes into effect, which is a powerful legal protection that stops creditors from pursuing ...

Bankruptcy is a serious decision with long-lasting consequences. Before taking that step, explore these six alternatives.

The company is struggling with competitive pressure in the apparel sector.

At times, we have heard of individuals and companies being declared bankrupt, prompting the courts to officially recognize them as bankrupt and insolvent. But what does bankruptcy actually mean, and ...

Borrowers can choose between Chapter 7 and Chapter 13 bankruptcy, but they must file a separate adversary proceeding for student loans. The new processes established by the Department of Justice ...