People who file Chapter 13 bankruptcy must have a steady income and a total debt under $2,750,000. Once bankruptcy proceedings wrap up, debts are discharged, though your credit score will drop.

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 ...

To file your Chapter 13 bankruptcy, you must pay a $235 case filing fee and a $5 miscellaneous administrative fee. These are typically paid to the court clerk and can be made in installments. You are ...

Is Chapter 7 or Chapter 13 Bankruptcy better for credit card debt? Both Chapter 7 and Chapter 13 bankruptcy can help you ...

For example, Chapters 7 and 13 are the most common types available to individuals, while Chapter 11 bankruptcy is primarily used by businesses. Chapter 7 bankruptcy lets individuals discharge most ...

Those who don't pass the means test can still file Chapter 13 bankruptcy. Chapter 7 bankruptcy is commonly called a "clean slate" bankruptcy because it can wipe away a filer's dischargeable debts.

Dealing with crushing debt in today's high-rate economy? Here's when bankruptcy might be your best path forward.

Bankruptcy stays on your credit report for a long time. Chapter 7 remains for 10 years, and Chapter 13 for seven years. This won’t affect your ability to build your assets via activities like ...

Let's be clear: While there are alternatives to consider, Chapter 7 and Chapter 13 bankruptcy both serve an important purpose, especially for people who are buried in debt with no realistic way out.