Filing for Chapter 7? Avoid the errors that could derail your bankruptcy case or leave you worse off financially.

Chapter 7 bankruptcy offers relief from your debt, but the limitations of this approach can impact your finances.

The average American household currently carries over $7,000 in credit card debt, and for a large number of borrowers, other debts, like medical bills and personal loan debts, are also piling up amid ...

*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 ...