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

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 ...

Bankruptcy is a legal process that helps businesses and consumers get rid of their debt and repay their creditors. It can be a financial lifeline and an opportunity for people to discharge high debt ...

*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 ...

U.S. whiskey and spirits producer Wilder Whiskey Seltzer has filed for Chapter 7 bankruptcy to liquidate assets amid ...

Among those who filing were Boston Harbor Distillery, Westward Whiskey parent House Spirits Distillery, McCallum & Sons ...

Jet It grounded its fleet in 2023 leaving its fractional owners scrambling. The day before Christmas the story ended with a ...

As 2025 winds down and the holiday season looms, millions of Americans are confronting an uncomfortable truth: Their debt has become unmanageable over the past year. And, that makes sense. Not only is ...