Research shows that Black Americans are more likely than White Americans to file for bankruptcy and to choose Chapter 13, which is more expensive and often less successful than Chapter 7.

Declaring bankruptcy can offer big relief to those buried by debt, but do debt collectors get paid in the process?

About 88,000 trucking companies and 8,000 freight brokerage companies went out of business in 2023, according to Freight ...

Bankruptcy can discharge or restructure most credit card debt, but there are exceptions. For example, luxury purchases or ...

What exactly happens when you file for bankruptcy, though — and how can you determine if it's the right choice for you? Below ...

Filing for bankruptcy could be a smart move in certain cases, but in others, debt relief could make more sense.