Bankruptcy refers to a legal process that individuals or businesses can undertake when they are unable to repay their debts. It is a formal declaration that an individual or organization is unable to ...

The federal filing fee for Chapter 7 bankruptcy currently is $338, while Chapter 13 filings cost $313. Additional costs are involved in filing for bankruptcy, such as attorney and credit counseling ...

Legislation to increase bankruptcy fees and extend the terms of temporary bankruptcy judges will move to President Donald ...

Income limits vary by bankruptcy type, state, and household size, but they're typically higher than people expect.

Could your debt be reduced or forgiven? Take our financial relief quiz. Filing for bankruptcy can come with steep costs, even before your debts are discharged. You’ll need to pay court filing fees, ...