Failing the Chapter 7 means test doesn't end your pursuit of debt relief, but it may change the path you take.

The chain had first filed for Chapter 11 bankruptcy protection, and now it's moving into a Chapter 7 liquidation pending ...

The income limits for Chapter 7 depend on numerous factors, including a complex calculation called the means test.

Chapter 7 bankruptcy has specific income requirements, but many filers qualify. Here's what determines the outcome.

Filing Chapter 7 bankruptcy is a serious financial decision for individuals who have large amounts of debt they likely won’t ever be able to repay. Though filing for Chapter 7 ultimately gives you a ...

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 ...

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 ...

A federal judge rules that Dr. Phil's Merit Street Media creditors will be better protected if the collapsed TV startup is ...

Guidance for business entities seeking to liquidate their assets under Chapter 7 of the Bankruptcy Code, including why a ...

A federal judge ruled that a bankruptcy proceeding for Dr. Phil McGraw's Merit Street Media, the TV personality's failed ...