Bankruptcy exemptions determine what property you can keep, so knowing these limits is crucial before you file.

Americans are in a tough spot right now when it comes to debt. According to the latest Household Debt and Credit Report, the total household debt hit $18.2 trillion in Q1 2025, and credit card ...

Shellpoint and BNY Mellon seek to dismiss a class action over revived second mortgages, arguing no duty to send statements on debts discharged in bankruptcy amid growing scrutiny of “zombie lien” ...

Even since a major reform of the bankruptcy laws in 2005, discharging private student loans through bankruptcy has been very difficult if not almost impossible. But on Aug. 31, 2020, a court affirmed ...

Addressing a split among bankruptcy courts in their interpretation of whether a corporate debtor, like an individual debtor, is subject to the exceptions to discharge outlined in 11 U.S.C. § 523(a) ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Many people consider bankruptcy but postpone taking action because they don’t know what’s going to happen. Often, they fear losing everything and don’t want to damage their credit. But bankruptcy is ...