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

What exactly happens when you file for bankruptcy, though — and how can you determine if it's the right choice for you? Below ...

Many (but not necessarily all) of your debts will be forgiven ... "I've seen someone file a bankruptcy on their own and had the trustee sell their house because they didn't understand the asset ...

Filing for bankruptcy could be a smart move in certain cases, but in others, debt relief could make more sense.

Bankruptcy proceedings can give you some much-needed breathing room, but they also come with serious financial ramifications ...

To understand how bankruptcy can cause a crisis, first separate the legal from the public relations aspects. Lawyers experienced in filing Chapter 7, Chapter 11 and Subchapter 5 of Chapter 11 ...

Depending on the type of bankruptcy, the filing will generally disappear from your credit report after seven to ten years. Applying for secured credit cards can help you make a quicker comeback ...

Chapter 7 bankruptcy is faster and cheaper than Chapter 13 bankruptcy, but it could involve selling your assets ... Our opinions are our own. Here is a list of our partners and here's how we ...

And, as a last-resort option, filing for bankruptcy should not be taken lightly, especially considering that it carries both short- and long-term consequences for your finances. Borrowing money ...

If you file for Chapter 7 bankruptcy, you may be able to keep your home, especially if you have a relatively low amount of equity. If you file for Chapter 13 bankruptcy, you’re more likely to ...

If you file for Chapter 7 bankruptcy, you may be able to ... It’s generally predicated on the assumption that you own the house, and it’s your primary residence. You also need to have lived ...