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 ...

Overwhelmed by debt? Bankruptcy isn't the only route. These options may provide faster and less damaging relief.

UScourts reports that bankruptcy filings have increased by 16.8 percent from last year. This brings several questions in your mind when you think of filing bankruptcy. Can you keep your house if you ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Filing for bankruptcy can come with steep costs, even before your debts are discharged. You’ll need to pay court filing fees, ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

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 ...

Mental health challenges often take more than an emotional toll — they can also lead to serious financial consequences. Let’s say you’re 35 years old and have just gone through a serious bout of ...

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. No minimum amount of debt is required for ...