Filing for bankruptcy is never an easy decision, but for borrowers who are facing rapidly mounting debt, it can feel like the only way to get a fresh start. And, that's especially true right now.

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 ...

A recent article published by Business Insider explored a growing trend on TikTok where younger consumers are discussing ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. So what determines whether you'll get approved for Chapter 7 bankruptcy?

If you’re exploring bankruptcy, that probably means your debt situation is serious. It can be really frustrating to find out that bankruptcy cases cost money. If you had money, you might not need ...

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 ...

The historic vodka and whiskey brand moved from Chapter 11 to Chapter 7, with assets being liquidated and its future ...

As an avid fan of the show "Bar Rescue," I've seen countless businesses that look healthy on the outside, but actually have a rotten core. Sometimes it's staff overpouring liquor, which over the ...

Elysse Bell is a finance and business writer for Investopedia. She writes about small business, personal finance, technology, and more. Vikki Velasquez is a researcher and writer who has managed, ...