Chapter 13 bankruptcy can offer big relief to overwhelmed borrowers, but it comes with serious drawbacks, too.

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

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 ...

Chapter 13 bankruptcy, often referred to as a wage earner's plan, empowers individuals with regular income to develop a strategy to repay all or part of their debts. It is a legal process that allows ...

When you've completed a Chapter 13 bankruptcy repayment plan and earned a discharge, the hope is that your financial troubles are behind you. Life doesn't always unfold that neatly, though, especially ...

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 ...

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. Filing for bankruptcy can come with steep costs, even before your debts are discharged. You’ll need to pay court filing fees, ...

While the ideal goal is to rebuild your credit after a bankruptcy filing, you could find the need to file for personal bankruptcy again. There’s no limit to the number of times you can file, but there ...