Bankruptcy doesn't disappear from your financial record when the bankruptcy process is complete, even once your debts are ...

Credit card debt has been increasing nationwide, with the total amount owed now sitting at $1.14 trillion. For the average person, this translates to a credit card balance of about $8,000, an amount ...

The idea of bankruptcy is scary for most people. Many may associate it with utter financial ruin, irreparable damage to credit scores and denied loans in the future. Some consider the act of filing ...

Twenty years ago, our son declared bankruptcy. As the years passed, he improved his credit rating. Recently, he lost his job ...

Debt consolidation and bankruptcy are strategies to relieve debt, but the effects are radically different. Bankruptcy can give you a fresh start by restructuring your debts or liquidating some of your ...

Bankruptcy is an option when you are facing serious financial difficulties. Chapter 7 bankruptcy is a way to legally ...

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 ...