No paycheck doesn't necessarily rule out bankruptcy, but there are a few important things to know before filing.
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What is Rule 523 in bankruptcy?
Rule 523 dictates the debts you can't erase through bankruptcy (and the list might surprise you).
If you’re exploring bankruptcy, that probably means your debt situation is serious. It can be really frustrating to find out that bankruptcy cases cost money. If you had money, you might not need ...
*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 ...
Corporations, limited liability companies (LLCs), and other businesses can file for protection under either Chapter 7 or Chapter 11 of the Bankruptcy Code. While a Chapter 11 bankruptcy can lead to ...
When a company files Chapter 7 bankruptcy, it means the brand will be liquidated. That could result in a new beginning, if a new business or operator buys the brand and revives it. In theory, that can ...
Elysse Bell is a finance and business writer for Investopedia. She writes about small business, personal finance, technology, and more. Vikki Velasquez is a researcher and writer who has managed, ...
Stoli Group filed to convert two of its U.S. companies from chapter 11 to chapter 7 bankruptcy after the company could not reach a restructuring agreement with its senior lender.
SEVIERVILLE, Tenn. (WATE) — A cabin owner in Sevier County wants his deposit back for kitchen cabinets and a countertop that he paid for in September. They were to be delivered and set up in ...
When a trucking company shuts down, it usually has a wind-down period when it delivers any remaining loads in its possession. Not doing so leaves thousands of people in limbo, since they don’t know ...
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