Once you file, an automatic stay goes into effect, which is a powerful legal protection that stops creditors from pursuing ...

Bankruptcy filings remain on your credit report for up to 10 years for Chapter 7 and seven years for Chapter 13, making it challenging to get loans, credit cards and housing. People who file for ...

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 ...

Understanding how bankruptcy works and when to file for bankruptcy is critical in determining whether it’s the right step for you. Bankruptcy is a legal process that helps individuals overwhelmed by ...