Should I File for Bankruptcy?

Filing For Bankruptcy in 2023

When considering filing for bankruptcy, it can be challenging to make sense of the bankruptcy process and the available options. Our bankruptcy guide not only answers your bankruptcy questions but explains the three types of bankruptcy available, Chapter 7 bankruptcy, Chapter 13 bankruptcy, and Chapter 11 bankruptcy, so you can navigate the bankruptcy process successfully when filing for bankruptcy in 2023.

Senior Citizens & Bankruptcy

Rising inflation and health care costs, along with decreasing benefits, are causing more elderly Americans to seek bankruptcy relief.

Bankruptcy v. Doing Nothing

Should you file for bankruptcy to get rid of debts, or can you sit back and wait?

Alternatives to Bankruptcy

Explore alternatives to Chapter 7 or Chapter 13 bankruptcy before you file.

Should I File for Bankruptcy FAQ

Deciding if bankruptcy is right for you? Here are answers to your most common questions.

Will a Pending Lawsuit Go Away If I File for Bankruptcy?

Filing for bankruptcy will get rid of some, but not all, lawsuits.

Should I File for Bankruptcy Before or After Taxes?

If you're thinking about bankruptcy, it's a good idea to make sure your tax returns are up to date.

I get social security and don't own a home or car. I have huge debts. Should I file for bankruptcy?

I get social security and don't own a home or car. My credit card and medical debts are huge. Should I file for bankruptcy?

Medical Bankruptcies

You can wipe out medical debt in bankruptcy but consider other nonbankruptcy options first.

Should I pay credit card debt from retirement savings or file for Chapter 7 bankruptcy?

Pros and cons of using bankruptcy versus dipping into your retirement savings to get rid of debt.

Should I File for Bankruptcy if My Spouse Has a Good Financial Situation?

Filing for bankruptcy without your spouse might be a good option if you have lots of debts and you'd like to preserve your spouse's credit.

Can I File for Bankruptcy If I Have Equity in My Home?

You don't lose everything when you file a bankruptcy case. Most states allow you to protect a portion or all of the equity in your home with a bankruptcy exemption. Learn whether you can protect the equity in your house when you file a bankruptcy case.

Can I File for Bankruptcy If I Have a Reverse Mortgage?

Learn about the issues that can arise if you have a reverse mortgage and file a bankruptcy case.

Can I File for Bankruptcy If I Own a Home?

Concerned about whether you can file for bankruptcy if you own property and if you can lose a house if you own it? Learn about bankruptcy and homeownership so you know whether you can protect your home in Chapters 7 and 13 before filing.

Will Bankruptcy Affect My Job or Future Employment?

In most situations, bankruptcy won't affect your current employment; however, it might come into play if you are applying for a job in private industry.

Are Annuities Exempt in Bankruptcy?

Learn how some annuities can be protected in bankruptcy.

Can Chapter 7 Bankruptcy Help Me Get My Driver's License Back?

If you've lost your driver's license due to unpaid traffic fines, Chapter 7 bankruptcy may help reduce your debt so you can pay the fines and get your license back.

Solve Your Money Troubles: Debt, Credit & Bankruptcy

Get out of debt and solve your money troubles with this complete guide to repairing your credit and regaining financial freedom.

The New Bankruptcy: Will It Work for You?

Is bankruptcy the right solution for your overwhelming debts? Pick the best strategies for your situation with the information and practical suggestions in this book by best-selling author Stephen Elias.

How to File for Chapter 7 Bankruptcy

The reliable, up-to-date information in this best-selling book will help you successfully complete your bankruptcy claim without breaking the bank.

Chapter 13 Bankruptcy: Keep Your Property & Repay Debts Over Time

This comprehensive guide explains the Chapter 13 process, from start to finish.