When financial hardships strike with increasing intensity, the thought of declaring bankruptcy can emerge as a beacon of hope for individuals and businesses alike. In its essence, bankruptcy is a ...

Question: My wife and I never recovered from the financial disaster the Pandemic caused us. We are considering filing for Chapter 7 bankruptcy relief to get out from under a mountain of credit card ...

The brokerage mogul was sued by the IRS after filing for bankruptcy in 2020 with nearly $10 million in liabilities.

Pursuant to Section 541(a) of Title 11 of the U.S. Code (the Bankruptcy Code), the filing of a bankruptcy petition creates an estate composed of "all legal or equitable interests of the debtor in ...

A New Jersey school district will likely avoid filing for bankruptcy after the state passed a budget that raised property taxes. The New Jersey Department of Education adopted a spending plan on ...

Getting the timing right can mean the difference between a successful bankruptcy and one that leaves debts behind.