Temporary debt relief occurs immediately in all types of bankruptcy, as the automatic suspension prevents creditors from contacting you once you or your bankruptcy attorney start a case. It also stops the seizure immediately, writes Upsolve. Chapter 7 bankruptcy ...

This statement was made in court by Heather Washken, who handled the finances of the former campaign manager Donald Trump. Witness testimony in Paul Manafort's third day trial at the Alexandria, Virginia District Court demonstrated that by 2016 the American lobbyist was ...

Nearly one in four Americans have credit card debt that exceeds their emergency fund, according to a Bankrate.com survey. This is because 29% of Americans have no emergency savings. Survey results show many Americans are "teetering on the brink of financial disaster," says Greg McBride,...

Colt Defense LLC, a weapons company, filed for bankruptcy. The bankruptcy petition was filed late on the evening of June 14 at the Wilmington, Delaware court. The Wilmington Trust Company, registered in this city, is listed in court documents as one of the largest creditors of Colt Defense LLC. ...