Once you file, an automatic stay goes into effect, which is a powerful legal protection that stops creditors from pursuing ...

According to studentaid.gov, proving undue hardship requires the bankruptcy court to recognize one of the following situations: That repaying your student loans would prevent you from maintaining ...

Memphis Congressman Steve Cohen, along with other representatives, reintroduced a bill that would allow people to file ...

Bankruptcy can discharge or restructure most credit card debt, but there are exceptions. For example, luxury purchases or ...

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 ...

Understanding how bankruptcy works and when to file for bankruptcy is critical in determining whether it’s the right step for ...

The two most common types of bankruptcy for individuals are Chapter 7 and Chapter 13, each with its own eligibility criteria ...

Data through November from the American Bankruptcy ... Chapter 7 may not be best if you’re a homeowner who has a large amount of home equity (but cannot access it with a home-equity loan because ...