Bankruptcy doesn't disappear from your financial record when the bankruptcy process is complete, even once your debts are discharged. How long it stays on your credit report depends on the type of ...

A bankruptcy filing can stay on your credit report for up to 10 years. The immediate drop can be steep, often more than 100 points. But it's not permanent damage. Many filers see their scores begin to ...

Bankruptcy refers to a legal process that individuals or businesses can undertake when they are unable to repay their debts. It is a formal declaration that an individual or organization is unable to ...

Financial stress has a way of sneaking up on you. One day you're managing your bills just fine, and the next you're lying awake and wondering how you'll make next month's debt payments. The current ...

Bankruptcy is an option when you are facing serious financial difficulties. Chapter 7 bankruptcy is a way to legally discharge unsecured debt, such as credit card debt, medical debt and personal loans ...

A man from Philadelphia called into “The Ramsey Show,” overwhelmed by debt and ready to file for bankruptcy, despite earning ...