As a last resort, many people file for bankruptcy when they are faced with overwhelming debt. In fact, 486,613 people filed for bankruptcy in 2024 — up 16.2% from the previous year. In addition to 464 ...

If you’re having debt management problems, bankruptcy can help. Understanding how bankruptcies work and the types of bankruptcies available to you will help you decide whether this is a viable option ...

Compare bankruptcy and debt consolidation: benefits, drawbacks, legal implications, credit impact, and factors to consider in ...

Generally speaking, retirement accounts are afforded a great deal of protection. If you file bankruptcy, creditors cannot go after your retirement savings. This includes individual retirement accounts ...

For the third year in a row, the U.S. Courts’ administrative office reported a double-digit increase in bankruptcy filings — ...

Here’s another notable sign about the struggles some consumers are experiencing this year. According to data provided by Epiq AACER, individual Chapter 7 bankruptcy filings through the first three ...

Bankruptcy filings are rising across the nation and in Minnesota, with personal and business cases up 10.6% nationwide this year, according to a press release from the U.S. Courts. The Administrative ...

Bankruptcy is the busiest federal court in the U.S. Last year, more than 200 companies with at least $50 million in liabilities filed for bankruptcy, according to Bloomberg. That’s the second most ...

On January 4, 2023, Judge Glenn of the United States Bankruptcy Court for the Southern District of New York issued a much-awaited decision in the Celsius Network LLC (along with its affiliated debtors ...