A Kansas couple, ages 57 and 68, had $120k worth of credit-card bills. Despite his illness, they did the honorable thing.
Despite what you may have heard, the truly desperate can have their student loan debt forgiven in bankruptcy court. But it's not easy.
The credit card I used for that purchase didn't reach a zero balance again until the debt was discharged in bankruptcy.
Even after my debt was discharged, I continued to overspend -- until the real consequences of bankruptcy began to sink in.
Ally Financial is shedding its risky mortgages in bankruptcy court, and it doesn't want its mortgage customers to get any funny ideas.
A Florida bank is offering a Mercedes in exchange for a $1 million 5-year certificate of deposit.
Declaring bankruptcy may lower your credit score, but here are some practical steps you can take to repair it.
As the economy continues to recover, however slowly, instances of personal bankruptcy are down.
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