Many debtors confuse dismissal with discharge, so it’s essential to check your paperwork to understand your status before ...

Chapter 7 bankruptcy is a legal process designed to help people who genuinely cannot pay their debts. It’s often called “liquidation bankruptcy” because it can involve selling some property to pay ...

So how much debt is required to file for bankruptcy this year? That's what we'll break down below. But despite its reputation, filing for bankruptcy can actually be a much-needed fresh start for many ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Bankruptcy is often seen as a last resort for those facing insurmountable financial challenges. However, financial expert ...

Personal bankruptcy experiences teach tough, lasting lessons. The process forces you to confront your financial habits and make meaningful changes. By focusing on budgeting, building an emergency fund ...

Overwhelmed by debt? Bankruptcy isn't the only route. These options may provide faster and less damaging relief.

The Nairobi High Court: The petitioning creditor must furnish proof of debt and must also prove that the debtor committed an act of bankruptcy. Photo/FILE I have lent money to a number of friends and ...

It has been quite a few years since personal bankruptcies hit the headlines. Before the COVID-19 pandemic, personal ...