The two most common types of bankruptcy for individuals are Chapter 7 and Chapter 13, each with its own eligibility criteria and debt repayment structure. How bankruptcy works. Ba ...

Research shows that Black Americans are more likely than White Americans to file for bankruptcy and to choose Chapter 13, which is more expensive and often less successful than Chapter 7.

If you’re trying to make sense of bankruptcy jargon and hoping to understand the differences between the different types of bankruptcies, particularly Chapter 7 and Chapter 13, you’ll want to ...

You will, of course, eventually have to pay them some or all of what you owe, but the reduction or delay in payment offered through some types of bankruptcy protection may be exactly what your ...

If you're planning to file for bankruptcy, it's important to understand the minimum debt requirements beforehand.

Bankruptcy is a serious decision with long-lasting consequences. Before taking that step, explore these six alternatives.

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 ...

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 ...

Exactly what happens to your mortgage if you file for bankruptcy, though, varies based on a few factors. “What happens depends on whether your payments are current, the type of bankruptcy and ...

(Photo by Sarah Silbiger for The Washington Post via Getty Images) While having significant amounts of credit card debt, housing debt, and other types of debt discharged through bankruptcy is ...

The two most common types of bankruptcy for individuals are Chapter 7 and Chapter 13, each with its own eligibility criteria and debt repayment structure. Bankruptcy is governed by federal law and ...