As sad as it can be, restaurants have to declare bankruptcy sometimes for myriad reasons. There are several types of ...

If you’re trying to make sense of bankruptcy jargon and hoping to understand the differences between the different types of ...

Chapter 7 and Chapter 13 bankruptcy are the most commonly filed types of bankruptcy, likely because they’re available to individuals. Other types of bankruptcy apply to businesses, individuals ...

One of the most important protections offered by filing for bankruptcy is the automatic stay, which serves as a shield against many debt collection efforts. An automatic stay provides temporary relief ...

Bankruptcy clears most debts, but not all. Learn about what can be discharged, the exceptions and how different bankruptcy types affect you.

Nowhere is this more apparent than in cases involving financially distressed individuals with pending personal injury claims, or tort plaintiffs pursuing recovery against bankrupt defendants. These ...

Borrowers may file for bankruptcy when they no longer have the funds to pay their debts. While this may come from taking out too many credit cards and not properly budgeting, it may also occur due ...

How does bankruptcy affect your HELOC? Learn the impact on your home equity line of credit, potential risks and how to manage your finances.

Bankruptcy proceedings can give you some much-needed breathing room, but they also come with serious financial ramifications — including, potentially, for your home. Exactly what happens to your ...

Car Toys plans to sell many of its brick-and-mortar locations after filing for bankruptcy, following years of falling sales ...

These lenders understand the bankruptcy window — often one to 10 days after filing a Chapter 7 — is one of the most opportune times to extend credit.

In addition to exemptions allowed under federal bankruptcy law, certain types of annuities can also be exempted, particularly those that meet IRS requirements for qualified retirement accounts.