Multiple Italian and pizza chains filed for bankruptcy or debt restructuring in 2025. Rising costs, reduced consumer spending, and high lease rates fueled financial struggles. A popular Italian chain ...
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What Debts Are Discharged in Chapter 7 Bankruptcy?
What Is a Debt Discharge? The phrase "debt discharge" represents a pivotal point in a bankruptcy proceeding. It's the much-anticipated moment when an individual, who has declared bankruptcy, is ...
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 ...
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What Is Chapter 7 Bankruptcy and How Does It Work?
Chapter 7 bankruptcy is a legal process designed to help people who genuinely cannot pay their debts. It’s often called “liquidation bankruptcy” because it can involve selling some property to pay ...
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