*Chapter 7 bankruptcy, also known as “liquidation bankruptcy,” allows people to discharge most unsecured debts. This includes medical bills, payday loans, and credit card balances. A trustee may sell ...
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NEW YORK, Oct. 07, 2025 (GLOBE NEWSWIRE) -- The 249,152 individual chapter 7 bankruptcies filed during the first nine months of 2025 represented a 15 percent increase over the 216,773 filed during the ...