Bankruptcy is a serious decision with long-lasting consequences. Before taking that step, explore these six alternatives.

Nikola, the much-hyped hydrogen-truck maker that was briefly valued more than Ford Motor, is nearing a bankruptcy filing, ...

And, as a last-resort option, filing for bankruptcy should not be taken lightly, especially considering that it carries both short- and long-term consequences for your finances. Borrowing money ...

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

The company is struggling with competitive pressure in the apparel sector.

The two most common types of bankruptcy for individuals are Chapter 7 and Chapter 13, each with its own eligibility criteria and debt repayment structure. How bankruptcy works. Ba ...

Depending on the type of bankruptcy, the filing will generally disappear from your credit report after seven to ten years. Applying for secured credit cards can help you make a quicker comeback ...

According to the most recent federal statistics, bankruptcy filing surged by a total of 16.2% between September 2023 and September 2024, reflecting rising costs, mountain debt, and unexpected ...

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