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Oct. 13--Elizabeth Sherman slouches in front of a computer tucked in the storage room of her bankruptcy attorney's office. "Have you already decided to file for bankruptcy?" the computer questionnaire ...

Look under the hood of the new bankruptcy law that took effect this week, and you'll see an accident waiting to happen. Not only is the fox charged with guarding the hen house; an army of foxes has ...

URBANA – With a struggling U.S. economy and a large number of employers downsizing their operations, many Americans are finding themselves in severe financial distress. In some cases, individuals ...

This story is free to read because readers choose to support LAist. If you find value in independent local reporting, make a donation to power our newsroom today. Starting today, it is tougher to file ...

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A number of cash-strapped Americans, overloaded with debt, will not be able to afford to file for bankruptcy this year. Anywhere between 200,000 and 1 million consumers are estimated to be unable to ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

The decision to file for bankruptcy is rarely an easy one to make. For many people, a bankruptcy filing comes after months or even years of struggling with mounting debt, creditor calls and the ...

The most sweeping changes to the nation's bankruptcy rules in a quarter century take effect Monday and make it tougher to file certain types of bankruptcy. Among other measures, the new laws require ...