Bankruptcy exemptions determine what property you can keep, so knowing these limits is crucial before you file.

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

If you’re exploring bankruptcy, that probably means your debt situation is serious. It can be really frustrating to find out that bankruptcy cases cost money. If you had money, you might not need ...

The average American household currently carries over $7,000 in credit card debt, and for a large number of borrowers, other debts, like medical bills and personal loan debts, are also piling up amid ...

Could your debt be reduced or forgiven? Take our financial relief quiz. There is no minimum debt requirement to qualify for Chapter 7 bankruptcy, according to U.S. bankruptcy law. In most cases, it ...

With interest rates still elevated and stubborn inflation eating away at hard-earned salaries, many Americans are struggling to stay ahead of their bills right now. Credit card debt is also at record ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Bankruptcy is a legal process that allows individuals or ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. Many people believe they will walk away ...