Chapter 13 bankruptcy can offer big relief to overwhelmed borrowers, but it comes with serious drawbacks, too.

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 ...

Lucas Downey is the co-founder of MoneyFlows, and an Investopedia Academy instructor. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech and strategic finance in ...

Chapter 13 bankruptcy offers a fresh start if you’re disciplined: Restructure debt, keep your home, and repay over three to five years. Many, or all, of the products featured on this page are from our ...

When you've completed a Chapter 13 bankruptcy repayment plan and earned a discharge, the hope is that your financial troubles are behind you. Life doesn't always unfold that neatly, though, especially ...

Could your debt be reduced or forgiven? Take our financial relief quiz. A Chapter 13 bankruptcy can be a life preserver when you’re drowning in a sea of debt, but what happens when there’s a financial ...

The former is available to all, while the latter is just for individuals J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to ...

Some Chapter 13 bankruptcy payments may be changed or suspended depending on the details of your case. You may be able to consolidate payments or adjust the amount you pay in order to make your ...

Bankruptcy is one of those topics that nobody wants to become an expert in, but sometimes you have no choice. The good news is that compared to 2021, there have been fewer bankruptcies in the U.S. in ...