Business Insider: Matthew Salerno, assistant professor at the School of Law, outlined the contours of the bankruptcy means test, which evaluates someone's finances to determine if they qualify for ...
No paycheck doesn't necessarily rule out bankruptcy, but there are a few important things to know before filing.
Getting the timing right can mean the difference between a successful bankruptcy and one that leaves debts behind.
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 ...
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What Is Chapter 7 Bankruptcy and How Does It Work?
Chapter 7 bankruptcy is a legal process designed to help people who genuinely cannot pay their debts. It’s often called “liquidation bankruptcy” because it can involve selling some property to pay ...
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.
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