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

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

Bankruptcy will impact your credit for a period of time, limiting your ability to borrow new loans. If you’ve been through a bankruptcy, there are proactive measures you can take toward rebuilding ...

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

While interest rates and inflation have cooled compared to recent highs, the financial instability caused by higher consumer goods prices and expensive borrowing options continues to affect millions ...

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 ...

Jeanine Skowronski is an editor, writer, and journalist with more than 15 years of experience in personal finance and business, including roles at Bankrate, CreditCards.com, and Policygenius. Her work ...

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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 ...

Throughout the height of the pandemic, the rate of bankruptcies filed in the U.S. slowed dramatically as many struggling organizations benefited from government loans and other support in recent years ...

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 ...