Filing for Chapter 7 can wipe out your debt quickly, but some property may be on the line if it isn't protected.

In a Chapter 7 bankruptcy, creditors can seize certain assets to repay the debts you owe. However, exceptions allow debtors to retain some of their assets (or at least part of the asset’s value).

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. So, what can you lose when you file for bankruptcy? Here's a closer look ...

Thomas Califano, a partner at DLA Piper, and Daniel Egan, an associate with the firm, write that in a typical bankruptcy sale, the debtor is seeking to obtain the highest and best offer for its assets ...

The 2025 Trust & Will Estate Planning Report shows that Americans are not willing to make plans for the future, even though their finances are more uncertain than ever. The report, which was based on ...

Pine Gate Renewables, a developer of solar and storage projects across the U.S., filed for bankruptcy on Thursday with a plan to sell its assets to the top lenders or other buyers in a ...