The income limits for Chapter 7 depend on numerous factors, including a complex calculation called the means test.

Chapter 7 bankruptcy has specific income requirements, but many filers qualify. Here's what determines the outcome.

When you file for bankruptcy, you’re basically telling a federal court that you can’t afford your debts and you need ...

Verijet Airlines, which amassed more than $38.7 million in liabilities, faced several lawsuits after its founder and CEO, ...

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 ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min The founders of Kaylena Marie's ...

The largest trucking bankruptcy this year.Over 1,000 employees impacted.The shutdown was abrupt after sales talks failed.

According to The Spirits Business, Staggemeyer Stave — a Caledonia, Minnesota-based business that produces white oak barrel ...

The Parents Television & Media Council, the nonprofit watchdog group that made its name in the early to mid 2000s advocating ...

Days after Spirit Airlines filed for bankruptcy and began restructuring, another airline, Verijet, a private jet startup, ...

Chapter 7 of the bankruptcy code, under which Iron Hill filed, provides for liquidation — the sale of a debtor’s nonexempt property and the distribution of the proceeds to creditors, according to the ...

Iron Hill Brewery & Restaurant has filed for Chapter 7 bankruptcy protection in the United States Bankruptcy Court for the ...