That's where the 2-4-6-8 rule comes in. This lesser-known guideline governs the waiting periods between bankruptcy filings, ...

To date, six bankruptcy court decisions have found electricity to be a good, qualifying for priority claim status under section 503(b)(9). See, e.g., In re Wometco de P.R. Inc., 2016 WL 155393, at *2 ...

In 2022, Congress passed the Bankruptcy Threshold Adjustment and Technical Corrections Act (the “Act”), raising the debt limits for bankruptcy cases under the Small Business Reorganization Act (“SBRA, ...

The decision to file for bankruptcy is rarely an easy one to make. For many people, a bankruptcy filing comes after months or even years of struggling with mounting debt, creditor calls and the ...

Many people find themselves in financial turmoil and finally decide that enough is enough; it's time to file bankruptcy. The goal is for a fresh start from the monthly burden of trying to pay bills ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. As a result, personal bankruptcy inquiries surged nationwide in the ...

Bankruptcy can give you a fresh start by restructuring your debts or liquidating some of your assets, but it can ruin your credit. Debt consolidation combines several debts into one, ideally with a ...

Can you discharge your student loans in bankruptcy? A new proposal says yes, but not everyone qualifies. Here’s what you need to know. Rep. Mary Gay Scanlon (D -PA) introduced new legislation today ...

Bankruptcy can have a huge impact on your finances, but it doesn’t mean homeownership is an impossible goal. If you can fix your credit and build up enough savings for a down payment and mortgage ...

When you’re in need of serious help getting your credit back on track, there are two debt relief options that are worth considering. Both debt settlement and bankruptcy will reduce or eliminate your ...

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