Bankruptcy is a legal process designed to relieve debt that a borrower cannot repay. It offers individuals and businesses a fresh financial start by liquidating assets or establishing a payment plan.

No paycheck doesn't necessarily rule out bankruptcy, but there are a few important things to know before filing.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. One of these rules, known as the "90-day rule," can have a big impact on ...

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 ...

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 ...

A co-signer will be held responsible for the debt if a borrower files for Chapter 7 bankruptcy. Here’s what you should know in order to protect yourself.