Chapter 7 bankruptcy has specific income requirements, but many filers qualify. Here's what determines the outcome.

Bankruptcy may offer a fresh start, but it also carries lasting consequences for future credibility, financing and operations. That’s why it should be considered only after every other option has been ...

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 ...

Epiq AACER linked the rise to the "mounting financial pressure" faced by Americans in 2025, reflected in rising household ...