As 2025 winds down and the holiday season looms, millions of Americans are confronting an uncomfortable truth: Their debt has become unmanageable over the past year. And, that makes sense. Not only is ...

Lucas Downey is the co-founder of MoneyFlows, and an Investopedia Academy instructor. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech and strategic finance in ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But there's a persistent misconception about Chapter 13 bankruptcy that ...

Could your debt be reduced or forgiven? Take our financial relief quiz. The decision to file bankruptcy is a heady one, but then there is the question of which type of bankruptcy to file. You have ...

Bankruptcy is one of those topics that nobody wants to become an expert in, but sometimes you have no choice. The good news is that compared to 2021, there have been fewer bankruptcies in the U.S. in ...

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You can sometimes get a loan during bankruptcy, but there are challenges Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, ...

Chapter 7 and Chapter 13 bankruptcy are common individual bankruptcies you can file to get some relief if you’re struggling to repay debt. Chapter 7 helps you discharge certain debts, while Chapter 13 ...

Could your debt be reduced or forgiven? Take our financial relief quiz. A Chapter 13 bankruptcy can be a life preserver when you’re drowning in a sea of debt, but what happens when there’s a financial ...

If you find yourself in a situation where you’re unable to keep up with Chapter 13 bankruptcy payments, it may be possible to have the payments deferred or even have the repayment plan modified.

Mark Henricks has written on mortgages, real estate and investing for many leading publications. He works from Austin, Texas, where he engages in songwriting, wilderness backpacking, whitewater ...

Whether you’re facing foreclosure, maxed-out credit cards or constant calls from creditors, you’ll eventually have to do something for financial relief. One option is bankruptcy. However, you’ll face ...