If you owe a lot of debt that you cannot pay, you may be considering filing for bankruptcy. Although bankruptcy can be a ...

Americans are in a tough spot right now when it comes to debt. According to the latest Household Debt and Credit Report, the total household debt hit $18.2 trillion in Q1 2025, and credit card ...

You might be able to negotiate debt settlement with your lender, either by yourself or with the help of a credit counselor or ...

Chapter 7 or Chapter 13 may discharge or reorganize your credit card debt. Some debts may not be cleared in bankruptcy, such as nondischargeable obligations, recent luxury purchases or fraudulent ...

When a debt is discharged, it can impact what you owe, but the process and outcome aren't always straightforward.

I need some advice and, please, no judgment. I racked up credit-card debt when I could not work for two years. I’ve been working now for about five years, but it seems like I just can’t get ahead of ...

Your debt will be turned over to a collection agency, and your credit score will likely take a severe hit. Here's what to do about it. Many or all of the products on this page are from partners who ...

Thinking about bankruptcy but worried about your home equity line of credit (HELOC)? Filing can pause collections, but it doesn’t erase your balance — and foreclosure is still a risk if you stop ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. No minimum amount of debt is required for ...

Twenty years ago, our son declared bankruptcy. As the years passed, he improved his credit rating. Recently, he lost his job and maxed out his credit cards. He now lives with us and doesn't own a ...

Mental health challenges often take more than an emotional toll — they can also lead to serious financial consequences. Let’s say you’re 35 years old and have just gone through a serious bout of ...