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 ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. As a result, personal bankruptcy inquiries surged nationwide in the ...

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, ...

Last year, over half a million U.S. bankruptcies were filed. While entering bankruptcy can be painful and leave a financial scar, it’s often a necessary last resort for those trapped in a cycle of ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But while filing for bankruptcy can erase many types of debt and offer ...

Outcomes vary depending on the type of bankruptcy filed, whether the loan is secured and whether a personal guarantee was signed. Many, or all, of the products featured on this page are from our ...

This story is free to read because readers choose to support LAist. If you find value in independent local reporting, make a donation to power our newsroom today. Last year, over half a million U.S.