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.

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

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

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 ...

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 ...

Fact checked by Vikki Velasquez Reviewed by Katie Miller While bankruptcy filings are public records, they don't specify a debtor’s race, making it difficult to definitively track bankruptcy rates by ...