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

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But while pursuing this type of debt relief can be a smart move in ...

Chapter 7 bankruptcy is a legal process designed to help people who genuinely cannot pay their debts. It’s often called “liquidation bankruptcy” because it can involve selling some property to pay ...

A leading comic book distributor shifts from Chapter 11 to Chapter 7 bankruptcy, handing control to a trustee and signaling a major liquidation.