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 ...

Find out the key differences between Chapter 7 and Chapter 13 bankruptcy. Learn how to make an informed decision about which ...

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 ...

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 ...

Forbes contributors publish independent expert analyses and insights. I break down real estate concepts for first-time homebuyers. Often, when we think about bankruptcy, we picture someone getting all ...

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 ...

If you’re trying to make sense of bankruptcy jargon and hoping to understand the differences between the different types of ...

The two main bankruptcy options available to people overrun by consumer debt are Chapter 7 or Chapter 13. The options differ greatly in how they work and the relief they provide. Below are the basic ...

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 ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But bankruptcy isn't just limited to one single option. It's an umbrella ...

Americans have a serious debt issue on their hands right now. Not only are borrowers carrying more debt than ever, but credit card balances recently surpassed $1.23 trillion nationwide, and serious ...