*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 ...
This little-known bankruptcy timing rule can determine whether a Chapter 13 case ends in relief or disappointment.
A north Texas automotive group, Tricolor Auto Group, has filed for Chapter 7 bankruptcy, claiming to owe more than $1 billion in liabilities. Tricolor operates five dealerships across the Houston area ...
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