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 ...

Chapter 13 bankruptcy is a legal process that restructures your debt and can, potentially, save your home from foreclosure. Your slate won’t be wiped clean, rather it is designed for individuals who ...

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 ...

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 ...

The former is available to all, while the latter is just for individuals J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to ...

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 ...

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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