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

The short answer is yes, most collections debt can be eliminated through bankruptcy, but the type of bankruptcy you file determines exactly how this works. The two most common types are Chapter 7 and ...

If you're planning to file for bankruptcy, it's important to understand the minimum debt requirements beforehand.

The two most common types of bankruptcy for individuals are Chapter 7 and Chapter 13, each with its own eligibility criteria and debt repayment structure. How bankruptcy works. Ba ...

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