Filing for Chapter 7 can wipe out your debt quickly, but some property may be on the line if it isn't protected.

I first wrote about California private retirement plans some seven years ago in my article, The California Private Retirement Plan: Separating Fact From Fiction (12/28/2015). That article predicted ...

A debtor's non-exempt assets (and even the debtor's entire business) are commonly sold during the course of a bankruptcy case by the trustee or a chapter 11 debtor-in-possession ("DIP") as a means of ...

Filing for bankruptcy should be a last resort, but it can give you a fresh start. There are different kinds of bankruptcy you can file; the one you choose depends on what you’re eligible for and how ...

In a Chapter 7 bankruptcy, creditors can seize certain assets to repay the debts you owe. However, exceptions allow debtors to retain some of their assets (or at least part of the asset’s value).