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 ...

In a Chapter 7 bankruptcy, creditors may seize assets to repay your debt. However, these assets are subject to federal and ...

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

Before filing for bankruptcy, you need to know what debts must be disclosed and what happens if you leave some out.

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 ...

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 ...

Rite Aid has announced it is filing for bankruptcy for a second time as the beleaguered drug store chain looks for a buyer. In a press release, Rite Aid announced it has filed for Chapter 11 ...

ARB Interactive, the Miami-based gaming firm, said past prize obligations won’t be honored and that only future winners will be paid.