Question: My wife and I never recovered from the financial disaster the Pandemic caused us. We are considering filing for Chapter 7 bankruptcy relief to get out from under a mountain of credit card ...

The Covid-19 pandemic continues to shake the U.S. economy. This uncertainty is leading experts to believe that personal and business bankruptcies will rise exponentially in the coming months.

Financial struggles can feel overwhelming, especially if you're trying to juggle multiple issues, like mounting tax debt coupled with delinquent credit card bills or unpaid loans. Still, millions of ...

Asking for a friend (no, really). If a person files for bankruptcy, and it is subsequently dismissed (that is, not deemed an appropriate bankruptcy case by the court), and the person has some large ...

The income limits for Chapter 7 depend on numerous factors, including a complex calculation called the means test.

U.S. Bankruptcy Judge Sean Lane ordered American Airlines to segregate Passenger Facility Charges from other revenue Thursday and submit the local taxes regularly to the airports at which it operates.

CT officials have been reluctant to release the total amount in taxes the hospital owes, but a July court filing said it grew ...

Danny Trejo paid off a massive chunk of the tax debt he owes to the IRS and the State of California after selling off one of his homes, In Touch can exclusively report. Danny, 80, and his legal team ...

Friday marks three weeks since the bankruptcy auction for Delaware County’s Crozer-Chester Medical Center and Springfield Hospital, and it’s not clear how much progress has been made. Closing the ...

Question: My wife and I recently met with a bankruptcy attorney to see if we can get out from under a mountain of credit card debt and back taxes. Can we claim our tax debts as liabilities in my ...