Explore how bankruptcy works, its advantages and disadvantages, and its profound impact on debt relief, credit scores, and future financial stability.

One important bright spot Baruni shares with her clients: Many borrowers are eligible for affordable student loan payment ...

A federal judge in Texas has reversed a Biden administration rule that wiped medical debt from credit reports, affecting ...

Companies that reorganize under Subchapter V of Chapter 11, reserved for smaller debtors, are blocked from discharging debts stemming from willful or malicious injury, a third federal appeals court ...

The U.S. Supreme Court resumed a case into a Biden-era forgiveness program for students, accusing colleges of misconduct.

This includes credit card debt, medical bills, personal loans and utility bills in collections. However, certain types of collections debt cannot be discharged through bankruptcy.

Biden administration to forgive debt for students of former San Diego-based Ashford University Discharge of debt is based on San Diego lawsuit in which a judge ruled Ashford and parent company ...

Unless President Joe Biden takes swift action to discharge student debt in the coming weeks, many of us will never be able to retire.

This type of bankruptcy can provide significant relief, but you should know how much debt is required to qualify.

Sen. Elizabeth Warren led a letter to the student-loan company Navient on its debt relief process. The lawmakers criticized Navient's process to discharge debt for defrauded borrowers. They said ...

The Bankruptcy Code has excepted certain debts that are incapable of being discharged as a matter of right, including, without limitation, certain "qualifying" loans used to fund a debtor's ...