And now the owners of another specialty bar, popular dog bar chain Bar K, filed for Chapter 7 bankruptcy liquidation after ...

An ambitious burger concept aimed to disrupt fast food. Just a year later, it has filed for bankruptcy and closed its doors.

Credit Consequences of Chapter 7 vs. Chapter 13 Declaring bankruptcy, in general, has a negative impact on your credit, whether you file Chapter 7, Chapter 13 or another type of bankruptcy.

Chapter 7 stays on your record for 10 years, while Chapter 13 stays for seven years. That would seem to suggest that Chapter 7 is worse for your credit score, but with Chapter 7, your debt, or at ...

The Chapter 7 bankruptcy process only starts after you complete a credit counseling course from an approved agency. “The course can be taken online, over the phone, or in person,” Tayne said.

Chapter 7 doesn’t usually provide a discharge for IRS tax debt, student loans or child support arrears. You can lose assets. This may include cash or even your home, in some cases.

After announcing that its Berkeley Riverfront location would be closing in late July, Bar K has now filed for bankruptcy.

Commercial Chapter 11 filings totaled 911 in July, an increase of 78% over the 512 filings in July 2024, according ...

Bankruptcy is a negative credit event, but the effect isn’t the same for everyone. Initially, Chapter 7 and Chapter 13 have the same effect on a credit score, which diminishes over time.

Chapter 7 bankruptcy is the bankruptcy filing most often used by consumers. It provides protection from creditors, puts a stop to most collection efforts and can eventually wipe debts away ...