A co-signer will be held responsible for the debt if a borrower files for Chapter 7 bankruptcy. Here’s what you should know in order to protect yourself.

Debt consolidation and bankruptcy are strategies to relieve debt, but the effects are radically different. Bankruptcy can ...

The California-based company, which allowed customers to learn about their ancestry by submitting saliva samples in the mail, filed for bankruptcy in March. As part of that process, it's auctioning ...

During bankruptcy, you won't be able to borrow more than $1,000 without notifying creditors that you’re currently bankrupt. If you don’t, you could face fines or jail time.

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.

Brooks Brothers, also a significantly old company, founded in 1818, filed for bankruptcy in 2020. Lord & Taylor, a 194-year-old retailer, also filed for bankruptcy that year. And last year, another ...

For example, if you make $40,000 a year and owe $25,000 or more in unsecured debt, especially if that debt grows or you're just making small payments, bankruptcy may be a way out.

Bankruptcy damages your credit and stays on your credit reports for years. Fortunately, you can rebuild your credit score ...

A 609 letter is a way to request verification of the accuracy of the accounts listed on your credit reports. While they’re ...

Sunnova Energy said on Sunday it had filed for Chapter 11 bankruptcy protection in the United States, as the residential solar panel installer buckled under the pressure of mounting debt and weakening ...

Discovering an error on your credit report can be alarming, especially when that mistake affects your ability to secure ...