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 ...

Chapter 7 bankruptcy involves discharging debt through liquidation. Chapter 13 bankruptcy focuses on reorganizing debt through a repayment plan that typically lasts three to five years. Filing Chapter ...

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 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 ...

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 ...

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 ...

Chapter 13 restructures debt into a repayment plan lasting three to five years and lets you keep assets like your home. Many, or all, of the products featured on this page are from our advertising ...

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. in ...

Chapter 13 bankruptcy is a legal process that restructures your debt and can, potentially, save your home from foreclosure. Your slate won’t be wiped clean, rather it is designed for individuals who ...

Filing for bankruptcy can feel like a financial lifeline when you’re drowning in debt, but not everyone qualifies. Understanding what might block your path to bankruptcy is crucial before you start ...

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 ...