Bankruptcy

Filing for bankruptcy is a drastic measure but sometimes you don’t have any other choice. Bankruptcy information stays on your credit report for up to 10 years. Bankruptcy is a legal way to discharge your debts, but filing bankruptcy will have the most negative effect on your credit score. It’s always in your best interest to make sure that information about the filing are reported to the credit bureaus correctly.

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Can I Keep My Car if I File Bankruptcy?

Q: I am having financial problems and can no longer make ends meet. Can I keep my car if I file bankruptcy? A: With so

Bankruptcy

Chapter 13 Bankruptcy Explained

Unlike Chapter 7, which can completely wipe out unsecured personal debts such as credit card bills and medical debt, Chapter 13 is a way to

Bankruptcy

Chapter 7 Bankruptcy Explained

Chapter 7, also known as “liquidation” or “straight liquidation,” is typically the simplest and fastest form of bankruptcy. Individuals, married couples and businesses can use

A clock prominently displaying "Bankruptcy" at the top underscores the urgency of time running out amidst financial distress.

When to file for bankruptcy protection

When federal authorities want to keep airline passengers informed about air safety, they use a color-coded system to convey various levels of risk. Red is

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Should I Give Up My Car?

Q: I would like to trade in m car because I am upside down on the car loan and it has 123,000 miles on It.

A couple reviews a lengthy receipt with a calculator and credit cards on the table, channeling their inner financial planner to ensure they stick to their budget effectively.

Impact of Bankruptcy on Your Spouse

Q: My wife filed for bankruptcy before we were married. Can my income be included in her bankruptcy filing? What is the impact of bankruptcy on

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5 Things to Know about Filing Bankruptcy

The number of people filing for personal bankruptcy was up 36.5% in the first half of 2009 from the same period a year before, and

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