We help you weigh the advantages and disadvantages of filing for bankruptcy so you can decide if it’s the right choice for your situation.
Debt.com’s writers are journalists, personal finance experts, and certified credit counselors. Their advice about money – how to make it, how to save it, and how to spend it – is based on, collectively, a century of personal finance experience. They’ve been featured in media outlets ranging from The New York Times to USA Today, from Forbes to FOX News, and from MSN to CBS.
Even if you’re not struggling to stay afloat, you’re still missing out.
If you need to enroll in bankruptcy counseling in order to fulfill the requirement for filing, we can connect you with approved counseling providers who can also provide resources to help you file and to recover quickly once your filing is complete.
When you take individual perspectives and blend them into a single money management strategy, it can be tricky. Here are 4 key questions to ask when budgeting for couples.
When you cosign a debt, you take on the obligation to repay if the main debtors can’t. But what happens if the borrower files for bankruptcy?
Both IRS and state tax debt can be discharged during bankruptcy, but the amount you end up paying depends on your financial situation and the chapter you file.
You may be hoping for a quick and easy exit, but completing your bankruptcy filing could take up to five years if you go through Chapter 13.
By law, you don’t need a lawyer to file for bankruptcy – either personal or business – but there are some key points to note before you go pro se.
Debt collectors have a right to contact your employer, but not to shame you about your debt – it’s only allowed to verify your identity.
There’s nothing to prevent a collector from showing up on your doorstep, but there are restrictions on what they can do and it’s rare to actually happen.