You don’t need a minimum amount of debt to qualify for Chapter 7 bankruptcy. Filing for Chapter 7 can significantly impact ...

On April 4, the U.S. Court of Appeals for the Fourth Circuit issued an opinion reversing in part a lower court’s dismissal. The district ...

In general, if you don’t make on-time payments on your car loan, your lender can repossess the car. And if you’re in ...

A recent study of racial disparities in personal bankruptcy results indicates that implicit bias hinders minorities’ efforts to rid themselves of debt, but trustees who oversee those cases say the ...

Under the Bankruptcy and Insolvency Act, a discharge order releases bankrupt individuals from all debts, except for certain ...

Credit card debt has a way of sneaking up on people, especially in today's high-rate environment. One month your card balance ...

Bankruptcy filings with personal injury claims can pose complex challenges where self-insured retention obligations of the ...

On the other hand, debts discharged through bankruptcy proceedings are not considered taxable income. This is one of the few straightforward exclusions in the tax code regarding forgiven debt.

Deion Sanders' son Shilo bought a $135,000 Mercedes in 2023, but now it's become an issue in his bankruptcy proceedings ...

Are you considering filing bankruptcy? Learn the primary advantages and how bankruptcy can help you discharge and manage debt for a fresh financial start.

The new plan allows plaintiffs who sued Purdue to opt in to receive their settlement or reserve their right to file a civil suit against the billionaire Sackler family.