Filing for Chapter 7? Avoid the errors that could derail your bankruptcy case or leave you worse off financially.

Bankruptcy discharge refers to the legal process that absolves a debtor from the responsibility of paying certain debts, providing them with a fresh financial start. The exact process varies depending ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Filing for bankruptcy should be a last resort, but it can give you a fresh start. There are different kinds of bankruptcy you can file; the one you choose depends on what you’re eligible for and how ...

See if you qualify to lower your monthly payments, reduce multiple payments into 1 and become debt free in 24-48 months. Filing for bankruptcy should be a last resort, but it can give you a fresh ...

Americans are in a tough spot right now when it comes to debt. According to the latest Household Debt and Credit Report, the total household debt hit $18.2 trillion in Q1 2025, and credit card ...

Chapter 7 bankruptcy is faster and cheaper than Chapter 13 bankruptcy, but it’s not the best option for everyone. Many, or all, of the products featured on this page are from our advertising partners ...

When outstanding tax debt becomes overwhelming, you should weigh all of your options. There are two main types of bankruptcy you can use to discharge tax debt, but it’s important to work with legal ...

Bankruptcy is a federal legal process intended to help individuals and businesses eliminate or repay their debts under the protection of bankruptcy courts. It's a tool designed to provide financial ...

While filing for bankruptcy can provide breathing room in your budget, it can also have lasting negative effects on your credit and finances. If you need to apply for a personal loan to cover ...

These bankruptcy filings from U.S. Bankruptcy Court, District of Minnesota were filed in August. Chapter 7 filings are a form of bankruptcy that involves total liquidation of assets. Chapter 13 ...