Chapter 11 bankruptcy is a federal court process under the U.S. Bankruptcy Code that lets a business—or in some cases an individual—reorganize debts while continuing...
An automatic stay is a court-ordered injunction under 11 U.S.C. § 362 that begins immediately when you file bankruptcy and halts most creditor collection. It...
A bankruptcy discharge is a court order that eliminates your personal liability for certain debts and legally stops creditors from collecting on them. In most...
A means test is a financial screening that compares your income and expenses to a legal threshold to determine eligibility—most commonly for Chapter 7 bankruptcy....
A bankruptcy trustee is a court-appointed fiduciary who administers your bankruptcy case, including reviewing your finances, liquidating nonexempt assets in Chapter 7, or overseeing repayments...
Consular processing is the immigrant visa path for applicants outside the United States, completed through a U.S. embassy or consulate to enter as a lawful...
Adjustment of status (AOS) is the USCIS process that lets eligible applicants already in the United States apply for lawful permanent residence without departing. It’s...
Bankruptcy is a court-supervised legal process that can discharge eligible debts or set a 3–5 year repayment plan. It can stop collection actions through the...
Chapter 7 bankruptcy is a liquidation bankruptcy that typically discharges most unsecured debts in about 3–6 months. A court-appointed trustee may sell non-exempt assets to...
Chapter 13 bankruptcy is a court-supervised reorganization that typically repays debts over 3 to 5 years. It can halt collection actions and let you keep...
