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

Our guide gives you a step-by-step overview of filing for bankruptcy, ...

The Justice Department has updated a key application form under a new process that may make it much easier for many borrowers to discharge their federal student loans in bankruptcy. Here’s the latest.

The success rate for student loan borrowers who attempt to discharge their debt in bankruptcy has "jumped" to 87% in recent years, a new study finds. Still, few people pursue the option because of a ...

Life led Elizabeth Hadzic and Kim Coles to bankruptcy court. Hadzic, 50, a psychotherapist in Maryland, doesn’t make enough to support herself and her adult son, whose health struggles set her back ...

Last year, the Biden administration provided a new path to make it easier to discharge student loans in bankruptcy. The results appear promising, but success has been limited. By Tara Siegel Bernard ...

The Biden administration on Thursday unveiled unprecedented policy changes designed to make it easier for federal student loan borrowers to discharge their student debt in bankruptcy. Here are the ...

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If you’re getting hounded by creditors, facing foreclosure on your home or feeling overwhelmed by debt in other ways, bankruptcy might be the answer. Filing for bankruptcy has lasting ramifications on ...