To get your student loans discharged in bankruptcy, you’ll need to prove that they cause you “undue hardship.” Borrowers can choose between Chapter 7 and Chapter 13 bankruptcy, but they must ...

Canoo Inc. has filed for voluntary relief under Chapter 7 of the U.S. Bankruptcy Code. This petition was submitted to the U.S. Bankruptcy Court for Delaware, which will appoint a Bankruptcy Trustee to ...

Once you file, an automatic stay goes into effect, which is a powerful legal protection that stops creditors from pursuing ...

Filing for bankruptcy could be a smart move in certain cases, but in others, debt relief could make more sense.

Davis (IL-7), and Eric Swalwell (CA-14), put forward the Private Student Loan Bankruptcy Fairness Act, "a measure to provide critical relief to those in severe financial distress because of ...

So, if you're thinking about filing for bankruptcy, it's important to understand what could disqualify you from doing so — as well as the suitable alternatives. This way, you can decide which path ...

Ligado filed for bankruptcy protection earlier this month, seeking to eliminate $7.8 billion ... loan was the best financing available at the time that it decided to file for Chapter 11 protection.

Electric vehicle (EV) startup Canoo has filed for Chapter 7 bankruptcy, indicating the company ... support from the US Department of Energy's Loan Program Office, which has contributed to its ...

JUSTIN, Texas (KNWA/KFTA) — Electric vehicle company Canoo announced on Jan. 17 that it filed for Chapter 7 bankruptcy.

One major disadvantage of debt settlement is that the government may tax forgiven or canceled debt as income. This could eat ...

NEW YORK, Jan 15 (Reuters) - Craft retailer Joann Inc filed for Chapter 11 protection ... Delaware, bankruptcy court. Joann entered bankruptcy with $615.7 million in debt, after using its previous ...