Chapter 7 bankruptcy offers relief from your debt, but the limitations of this approach can impact your finances.

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Filing for bankruptcy isn't a decision that most people take lightly, and for good reason. Not only does a bankruptcy have a significant impact on your finances, but you must also meet specific ...

Filing Chapter 7 bankruptcy is a serious financial decision for individuals who have large amounts of debt they likely won’t ever be able to repay. Though filing for Chapter 7 ultimately gives you a ...

On a late May morning in 735 in the Northumbrian monastery known as Jarrow, England’s preëminent historian and scriptural scholar lay dying while still hard at work. As a famous letter written by his ...

You can sometimes get a loan during bankruptcy, but there are challenges Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, ...

Chapter 7 bankruptcy involves liquidating a debtor's non-essential assets to repay creditors. Chapters 11 and 13 are more expensive and longer than Chapter 7, but you can keep your assets. Chapter 7 ...

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 ...