A bankruptcy filing can stay on your credit report for up to 10 years. The immediate drop can be steep, often more than 100 ...

Filing for bankruptcy is a significant step that can offer relief from overwhelming debt, but it’s not without complexities.

When you file for bankruptcy, you’re basically telling a federal court that you can’t afford your debts and you need assistance. Later down the line, you’ll actually need to prove that by disclosing ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

If you’re overwhelmed by student loan debt and can’t make ends meet, you may be wondering if you can file for bankruptcy on student loans. The truth is that federal and private student loans are ...

Filing for bankruptcy is a heavy financial decision to weigh, even if you're dealing with a serious amount of debt. And, as a last-resort option, filing for bankruptcy should not be taken lightly, ...