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How does bankruptcy work?

Bankruptcy is a legal process that helps people or businesses who can’t afford to pay their debts get a fresh financial start ...
Facing overwhelming debt? Learn how bankruptcy works and whether it could be right for you. Many, or all, of the products featured on this page are from our advertising partners who compensate us when ...
Before you swipe, withdraw or transfer cash, you should know how spending works in a Chapter 7 bankruptcy case.
The numbers tell a stark story about Americans' current financial struggles. Bankruptcy filings increased by 11.5% for the 12 months ending on June 30, 2025, according to data released in late July by ...