The foreclosure sale was scheduled to commence at 2 p.m., proceeded as planned, and concluded by 2:05 p.m. The debtor's bankruptcy petition, however, bore a "time stamp" of May 2 at 2:25 p.m.—20 ...

The federal government sets the fees for a Chapter 7 bankruptcy petition. Currently, the cost is $338. On the other hand, Chapter 13 bankruptcy is a longer process that allows you to keep your assets.

Investopedia / Theresa Chiechi When a company or individual files for bankruptcy, they must first list all their debts. These are called prepetition liabilities. Post-petition liability ...