The two main bankruptcy options available to people overrun by consumer debt are Chapter 7 or Chapter 13. The options differ greatly in how they work and the relief they provide. Below are the basic ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But Chapter 13 is not always the clean break it's made out to be, and ...

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 ...

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 ...