This is often referred to as "liquidation" bankruptcy. When you file for Chapter 7, your non-exempt assets are sold off to pay creditors. However, most people who file for Chapter 7 don't have ...

"It is truly simple to file a Chapter 7 fresh-start bankruptcy," Rosenblum says. "You find a competent bankruptcy lawyer, you pay their fee, you fill out a questionnaire, you review your paperwork ...

The fee for filing for Chapter 7 bankruptcy is $338. Debtors must also pay a $15 trustee fee to help offset the cost of the court-appointed administrator overseeing asset liquidation. An ...

Filing costs for bankruptcy are set by the federal government. You’ll pay a $338 petition fee to file a Chapter 7 bankruptcy ...

Chapter 7 bankruptcy is faster and cheaper than Chapter 13 bankruptcy, but it could involve selling your assets. Many, or all, of the products featured on this page are from our advertising ...

known as "reorganization bankruptcy," involves creating a multi-year repayment plan to pay back some or all of your debts while keeping your assets. However, you'll need to qualify for Chapter 7 ...

If you miss credit card payments, you'll pay late fees and penalty interest rates ... There are two major types of consumer bankruptcy: Chapter 7 and Chapter 13. Chapter 7, known as liquidation ...

This story was updated at 9:30 pm Tuesday to clarify that SunCommon is not filing Chapter 7 bankruptcy, which involves its ...

Attorney Kenneth Rosen says the Bankruptcy Code should be amended to offer more protections to patients at continuing care facilities that file for bankruptcy.