If you’re trying to make sense of bankruptcy jargon and hoping to understand the differences between the different types of bankruptcies, particularly Chapter 7 and Chapter 13, you’ll want to read on.

Bankruptcy is a legal procedure that can provide relief to individuals and businesses struggling with overwhelming debt. There are several types of bankruptcy filings, but the two most common types ...

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 ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. The bankruptcy system operates under strict federal rules, after all, ...

The furniture retail sector has suffered from economic distress in the last year with major home furnishing companies closing stores and filing for bankruptcy protection. Companies that have filed for ...

A leading discount chain wants to change its Chapter 11 bankruptcy to a Chapter 7. The chain has already closed hundreds of stores. Shareholders will receive nothing for their stock. When a company ...

Mark Henricks has written on mortgages, real estate and investing for many leading publications. He works from Austin, Texas, where he engages in songwriting, wilderness backpacking, whitewater ...