Filing for Chapter 7 can wipe out your debt quickly, but some property may be on the line if it isn't protected.

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 ...

*Chapter 7 bankruptcy, also known as “liquidation bankruptcy,” allows people to discharge most unsecured debts. This includes medical bills, payday loans, and credit card balances. A trustee may sell ...

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 ...

The numbers tell a stark story about Americans' current financial struggles. Bankruptcy filings increased by 11.5% for the 12 months ending on June 30, 2025, according to data released in late July by ...

Elysse Bell is a finance and business writer for Investopedia. She writes about small business, personal finance, technology, and more. Vikki Velasquez is a researcher and writer who has managed, ...