Chapter 7 bankruptcy offers relief from your debt, but the limitations of this approach can impact your finances.

Many Americans are deep in the red. In fact, household debt hit $18.59 trillion in the third quarter of 2025, according to the Federal Reserve Bank of New York. As people find themselves drowning in ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. And, that uncertainty makes sense. "Debt relief" is a broad term, and it ...

The best way to pay off debt depends on what you owe. Explore strategies like the debt snowball, debt consolidation and debt ...

Filing for bankruptcy isn't a decision that most people take lightly, and for good reason. Not only does a bankruptcy have a significant impact on your finances, but you must also meet specific ...

With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...

If you’re overwhelmed by credit card balances, personal loans, and mounting interest, you may be looking for more than a temporary fix. Debt settlement is one strategy that can help people in real ...

When Whitney Catalano filed for Chapter 7 bankruptcy in 2022, she was self-employed, living in an apartment she couldn’t afford and carrying $60,000 in credit card and personal loan debt. For her, ...