should know about before making any decisions. Here’s what happens when you file for bankruptcy, along with some alternatives that you might want to consider first. Key Takeaways...
Bankruptcy may be the best option if: ; You are dealing with illness, job loss, divorce, etc. ; You are facing lawsuits, judgments or garnishments ; You are facing foreclosure or repossession of property
That’s according to an announcement released today by FTX’s legal team, which outlines a reorganization plan that includes repaying those customers who had less than $50,000 in assets on the exchange when it collapsed up to 118% of their assets’ value—so full repayment, plus interest. The announcement says that 98% of FTX’s users had less than $50,000 in assets, and as such, the vast majority of customers who lost their money should be able to get it back. The plan does hinge on the ap...
Filing for bankruptcy may help you eliminate debt, but it also has drawbacks. Read this article to learn more about declaring bankruptcy.
Did you know that even if you file for bankruptcy where you live, you might use the bankruptcy exemptions of your prior state which may be better? Here's what…
The stock market can have a big impact on your finances. In fact, the stock market and bankruptcy go hand in hand. Here's what to know.
Review how bankruptcy works, what Chapter 7 and Chapter 13 bankruptcy are, the consequences of bankruptcy and how to rebuild your credit after bankruptcy.
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And the clock is ticking for California’s largest utility to come up with a bankruptcy exit plan that will satisfy key groups with a stake in its reorganization — shareholders, bondholders, employees, retirees, state officials and victims of fires linked to its electrical equipment. Here’s a quick look at how PG&E got here, the latest developments and what lies ahead. Q: What is the latest development in PG&E’s bankruptcy? ...
Here's what borrowers need to know about how to file bankruptcy on student loans.