Drowning in debt? Both Chapter 7 and Chapter 13 bankruptcy could offer relief, but they work very differently.

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 ...

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 ...

When debt becomes unmanageable, the first question is often not whether to file for bankruptcy, but which chapter offers the right framework. The answer is rarely one-size-fits-al ...

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 ...

Filing for bankruptcy is a major financial decision, and understanding the different options is essential for making the right choice. Chapter 13 bankruptcy, known as a “wage earner’s plan,” is a ...

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Chapter 13 bankruptcy is often referred to as “wage earner’s bankruptcy” or “repayment plan bankruptcy.” It’s a type of bankruptcy used by individual consumers—specifically those who are having ...

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 ...

Chapter 7 bankruptcy is faster and cheaper than Chapter 13 bankruptcy, but it’s not the best option for everyone. Many, or all, of the products featured on this page are from our advertising partners ...

Filing for bankruptcy should be a last resort, but it can give you a fresh start. There are different kinds of bankruptcy you can file; the one you choose depends on what you’re eligible for and how ...