Chapter 7 bankruptcy involves discharging debt through liquidation. Chapter 13 bankruptcy focuses on reorganizing debt through a repayment plan that typically lasts three to five years. Filing Chapter ...

Whether you’re facing foreclosure, maxed-out credit cards or constant calls from creditors, you’ll eventually have to do something for financial relief. One option is bankruptcy. However, you’ll face ...

The two main bankruptcy options available to people overrun by consumer debt are Chapter 7 or Chapter 13. The options differ greatly in how they work and the relief they provide. Below are the basic ...

Chapter 13 bankruptcy is a legal process that restructures your debt and can, potentially, save your home from foreclosure. Your slate won’t be wiped clean, rather it is designed for individuals who ...

Filing for bankruptcy can feel like a financial lifeline when you’re drowning in debt, but not everyone qualifies. Understanding what might block your path to bankruptcy is crucial before you start ...

Could your debt be reduced or forgiven? Take our financial relief quiz. The decision to file bankruptcy is a heady one, but then there is the question of which type of bankruptcy to file. You have ...

There is no limit on how many times you can file bankruptcy, but there is a waiting period between filings. Many, or all, of the products featured on this page are from our advertising partners who ...

Question: I am considering filing for bankruptcy because of some serious financial problems, but I hope to buy a small house or condo one day, after I get back on my feet. Which type of bankruptcy ...