With interest rates still elevated and stubborn inflation eating away at hard-earned salaries, many Americans are struggling to stay ahead of their bills right now. Credit card debt is also at record ...

Many debtors confuse dismissal with discharge, so it’s essential to check your paperwork to understand your status before ...

Filing for bankruptcy is a last resort for consumers who find themselves in a tough financial situation. "If you can pay off ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

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 ...

Spirit Airlines filed for bankruptcy for the second time in less than a year, The Wall Street Journal reported.

Debt settlement and bankruptcy are drastic solutions for serious financial problems. Most consumers who qualify for Chapter 7 are better off choosing bankruptcy. Debt settlement can be a better option ...

Spirit Airlines filed for Chapter 11 again, but says it's not planning to stop selling tickets or to cancel flights.