Declaring bankruptcy can offer big relief to those buried by debt, but do debt collectors get paid in the process?

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

"A Chapter 13 works differently in that you are creating ... test determining that you truly do need to declare bankruptcy, and the rules for who is eligible are different in every state.

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 ...

Bankruptcy can discharge or restructure most credit card debt, but there are exceptions. For example, luxury purchases or ...

The two most common types of bankruptcy for individuals are Chapter 7 and Chapter 13, each with its own eligibility criteria ...

You have always prepared your business’s tax returns yourself. However, your tax return has become more complicated due to the growth of your business or other factors. Thus, you have decided to ...

Bankruptcy proceedings can give you some much-needed breathing room, but they also come with serious financial ramifications — including, potentially, for your home. Exactly what happens to your ...

Chapter 13 is designed for people who have enough ... Before Congress revamped the bankruptcy laws in 2005, bankruptcy attorneys were able to negotiate with creditors to reduce interest rates ...

individuals or organizations may decide to consult an attorney so that they can get expert advice on the new rules. In addition, debt limits for Chapter 13 bankruptcy filings increased in 2019 ...