You must submit several other forms along with the bankruptcy petition, and you must pay a filing fee unless the court agrees to waive it when you’re seeking Chapter 7 bankruptcy.

In addition to a lot of forms, bankruptcy involves many court costs. For example, the basic filing fee for a Chapter 7 bankruptcy is $245—there’s also a $75 administrative fee and a $15 ...

Bankruptcy can offer a fresh financial start, but it isn’t always the best solution. Read to learn what it is, how it works, and its pros and cons.

Much like tax, bankruptcy is convoluted. “There are 23 forms to file for bankruptcy,” he said. So far, the software platform seems to be finding traction.

While both forms of bankruptcy are options for those suffering from massive IOUs, you need to pass a means test to qualify for Chapter 7, which determines if your income is low enough to file for ...

Recent bankruptcy discharges. The timing of your last bankruptcy directly impacts eligibility. For Chapter 7, you must wait eight years from a previous Chapter 7 discharge or six years from a ...

The vast majority of bankruptcy cases are filed under the three main chapters of the U.S. Bankruptcy Code. They are: Chapter 7: In the most serious of bankruptcies, the debtor completely ...