Drowning in debt? Both Chapter 7 and Chapter 13 bankruptcy could offer relief, but they work very differently.

Could your debt be reduced or forgiven? Take our financial relief quiz. The decision to file bankruptcy is a heady one, but then there is the question of which type of bankruptcy to file. You have ...

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

Corporations, limited liability companies (LLCs), and other businesses can file for protection under either Chapter 7 or Chapter 11 of the Bankruptcy Code. While a Chapter 11 bankruptcy can lead to ...