The U.S. Bankruptcy Code gives people overwhelmed with debt the chance to regain their footing and start fresh. While bankruptcy can offer financial relief, the potential negative impact on your ...

Filing for bankruptcy isn't an easy decision or without consequence. It can leave a black mark on your credit report for years, making it harder to get affordable credit and insurance. It can also ...

EAGLE COUNTY – A bankruptcy bill that cleared the U.S. Senate in early March by a vote of 74-25 is being cheered by big business while its effects on people locally have yet to be assessed. It goes ...

It may seem like the easiest way out of devastating debt, but the consequences of declaring bankruptcy can be severe and long-lasting.

Image: The Blue Diamond Gallery. Having the option to declare bankruptcy can be a handy safety net, to be used as a last resort when debts get out of control. However, there are several aspects of ...

Bankruptcy is a legal term that often induces fear and confusion in the minds of individuals and businesses struggling with mounting debts. It is essentially a legal recourse designed to provide those ...

If you are considering bankruptcy as a solution to your financial difficulties, it is important to first understand the realities. 1. Bankruptcy does not discharge all debts. Debts not dischargeable ...

While it doesn't influence our opinions of products, we do receive compensation from partners whose offers appear here. We're on your side, always. See our full advertiser disclosure here. If you're ...

The consequences of bankruptcy on those in a licensing agreement are so pronounced because the parties are in some ways inextricably tied. While a licensor can expand its renown to goods that it ...

When a business faces insurmountable financial problems, it can petition the courts for one of several types of bankruptcies. The most common are Chapter 7, which liquidates a business, discharging ...