It may seem like the easiest way out of devastating debt, but the consequences of declaring bankruptcy can be severe and long-lasting.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. As a result, personal bankruptcy inquiries surged nationwide in the ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But while bankruptcy can be a smart solution to consider in certain ...