Before you swipe, withdraw or transfer cash, you should know how spending works in a Chapter 7 bankruptcy case.

This bankruptcy timing rule could determine whether you keep recent payments or lose them to creditors. Here's why.

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 ...

SIOUX FALLS, S.D. (AP) – A federal trustee asked a judge Tuesday to convert a troubled South Dakota beef processing plant’s bankruptcy to a Chapter 7 liquidation. Assistant U.S. trustee James Snyder ...

The average American household currently carries over $7,000 in credit card debt, and for a large number of borrowers, other debts, like medical bills and personal loan debts, are also piling up amid ...