Rule 523 dictates the debts you can't erase through bankruptcy (and the list might surprise you).

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 ...

Our guide gives you a step-by-step overview of filing for bankruptcy, ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Chapter 7 bankruptcy comes with several important limitations that ...

U.S. Bankruptcy and appellate courts have long wrangled over whether the provisions of the Bankruptcy Code apply extraterritorially to permit, for example, enforcement of the automatic stay to ...

Once a company files for bankruptcy protection, it puts itself at the mercy of the court. Sometimes that’s not a problem as the company enters with a plan and that plan gets executed. In some cases, ...

When Whitney Catalano filed for Chapter 7 bankruptcy in 2022, she was self-employed, living in an apartment she couldn’t afford and carrying $60,000 in credit card and personal loan debt. For her, ...