Drowning in debt? Both Chapter 7 and Chapter 13 bankruptcy could offer relief, but they work very differently.

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 ...

Attorney Andrea McNairy of Brown & Crouppen Law Firm explains that bankruptcy is a legal process designed to provide relief ...

When debt becomes unmanageable, the first question is often not whether to file for bankruptcy, but which chapter offers the right framework. The answer is rarely one-size-fits-al ...

When a company files for Chapter 7 or Chapter 11, investors often lose out ...

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 ...

Chapter 13 bankruptcy can offer big relief to overwhelmed borrowers, but it comes with serious drawbacks, too.

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 ...