Bankruptcy filings have increased more than 12% in the past year. If you feel like you’re drowning in debt and don’t know a way out, bankruptcy is one option. But how do you know if you should file?

When you’re overwhelmed by debt, bankruptcy might sound like the fresh start you need to get creditors off your back. But everyone’s situation is different, and bankruptcy is not something to be taken ...

Bankruptcy doesn't disappear from your financial record when the bankruptcy process is complete, even once your debts are discharged. How long it stays on your credit report depends on the type of ...

Filing for bankruptcy is never an easy decision, but for borrowers who are facing rapidly mounting debt, it can feel like the only way to get a fresh start. And, that's especially true right now.