We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But while pursuing this type of debt relief can be a smart move in ...

The decision to file for bankruptcy is rarely easy, but with Americans now carrying more than $1.2 trillion in credit card debt and the average interest rates on those balances exceeding 22%, the ...

Filing for bankruptcy can feel like a financial lifeline when you’re drowning in debt, but not everyone qualifies. Understanding what might block your path to bankruptcy is crucial before you start ...

Forever 21, which was founded in Los Angeles, will wind down its U.S. business and conduct liquidation sales at stores. Locations outside the U.S. are not included in the Chapter 11 filings.

Could your debt be reduced or forgiven? Take our financial relief quiz. There is no minimum debt requirement to qualify for Chapter 7 bankruptcy, according to U.S. bankruptcy law. In most cases, it ...

Several "underperforming" At Home stores will close in California by the fall, after the home goods retailer filed for bankruptcy on June 16. The California locations are among 26 stores identified ...