Nadya Suleman (known to gossip magazines as "Octomom") recently filed for Chapter 7 bankruptcy after accumulating roughly $1 million in debt. Tabloids and gossip blogs have criticized Suleman's ...

*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 ...

Corporate bankruptcy has been in the headlines seemingly every day, as filings have surged in recent months. Yet, while bankruptcy might be a common fixture in the news, myths and misperceptions exist ...

PHOENIX--(BUSINESS WIRE)--For consumers weighed down by debt, bankruptcy may sound like the perfect solution. But while it may seem like an easy fix, the repercussions can be steep. Add in the ...

As one of the more toxic topics in the United States political and social realms, healthcare, and the debt associated with it, is always at the tip of most people’s tongue. Whether eagerly waiting to ...

A bankruptcy judge excused a U.S. Navy veteran with a law degree from repaying more than $220,000 in student loan debt, the latest court ruling to lower the barriers to discharging educational debt.

PORTSMOUTH, Va. (WAVY) – When it comes to personal finances, bankruptcy is often thought as the worst case scenario. Edrie Pfeiffer, managing attorney at Hampton Roads Legal Services, joined us to ...

For many people, bankruptcy can feel like a financial doomsday. But if you’ve found yourself in this position, you should know you’re far from alone. In fact, the Judiciary News for the U.S. Court ...