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Stories Tagged as

Chapter 7

What's the best way to navigate personal bankruptcy?

by Blake Farmer
Dec 27, 2021
For people pushed to the edge financially, bankruptcy can be an option. One nonprofit is trying to make the choice easier and less expensive.
Bankruptcy can be a lifeline for some, but it's still out of reach for many who can’t afford the roughly $1,500 it takes to hire an attorney and pay for court fees.
FuzzMartin via Getty Images
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Chapter 7: Where companies go to die

by
May 15, 2017
The story of one U.S. gym chain illustrates the perils of this type of bankruptcy for consumers.
A sign leading to U.S. Bankruptcy Court in New York City.
Chris Hondros/Getty Images
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