A bankruptcy will remain on your credit report for seven years if you file for Chapter 13 and 10 years if you file for Chapter 7. This will make it harder — and more costly — to get a car loan ...

A Chapter 7 bankruptcy stays on your credit report for up to 10 years, and while you can rebuild your credit after filing, it may affect your ability to borrow, rent or even get a job in some cases.

Most personal bankruptcy filing fees and incidental charges are about $400. Attorney fees range from $1,500 to $2,500 for Chapter 7 and $2,500 to $3,500 for Chapter 13 .

Chapter 11 could be a lifeline for retailers aiming to keep stores open. J.C. Penney is the latest company to declare bankruptcy. The retailer filed for Chapter 11 bankruptcy on Friday, just one ...