Overwhelmed by debt? Bankruptcy isn't the only route. These options may provide faster and less damaging relief.

Who can qualify for bankruptcy and what should you expect once you've filed for it? The answer varies case by case, says personal finance expert Farnoosh Torabi. Chapter 7 and Chapter 13 bankruptcies ...

In a Chapter 7 bankruptcy, creditors may seize assets to repay your debt. However, these assets are subject to federal and state bankruptcy exemptions, so there are limits and restrictions on the ...