Filing for Chapter 7? Avoid the errors that could derail your bankruptcy case or leave you worse off financially.
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 ...
Americans are in a tough spot right now when it comes to debt. According to the latest Household Debt and Credit Report, the total household debt hit $18.2 trillion in Q1 2025, and credit card ...
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What Debts Are Discharged in Chapter 7 Bankruptcy?
What Is a Debt Discharge? The phrase "debt discharge" represents a pivotal point in a bankruptcy proceeding. It's the much-anticipated moment when an individual, who has declared bankruptcy, is ...
Diamond Comic Distributors Inc., the debtor in the long-running Chapter 11 bankruptcy, is now heading toward Chapter 7, with the debtor requesting that the U.S. Bankruptcy Court in Maryland convert ...
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