particularly Chapter 7 and Chapter 13, you’ll want to read on. Bankruptcy is a legal process, often seen as a last resort for people or businesses, that reduces or eliminates the obligation to ...

Chapter 7 bankruptcy is faster and cheaper than Chapter 13 bankruptcy, but it could involve selling your assets. Many, or all, of the products featured on this page are from our advertising ...

Filing for bankruptcy can provide serious relief from your mounting debt, but there are a few things to know first.

The short answer is yes, most collections debt can be eliminated through bankruptcy, but the type of bankruptcy you file determines exactly how this works. The two most common types are Chapter 7 and ...

Borrowers can choose between Chapter 7 and Chapter 13 bankruptcy, but they must file a separate adversary proceeding for student loans. The new processes established by the Department of Justice ...

Chapter 13 bankruptcy, known as a “wage earner’s plan,” is a popular route for individuals who want to repay their debts while keeping more assets. Unlike Chapter 7 bankruptcy, which ...

The impact of bankruptcy on a HELOC depends on the type of bankruptcy filing (Chapter 7 vs. Chapter 13). In both types of bankruptcy, staying current on HELOC payments is necessary to keep your home.