Thinking about bankruptcy but worried about your home equity line of credit (HELOC)? Filing can pause collections, but it doesn’t erase your balance — and foreclosure is still a risk if you stop ...

Bankruptcy doesn't disappear from your financial record when the bankruptcy process is complete, even once your debts are ...

When you've completed a Chapter 13 bankruptcy repayment plan and earned a discharge, the hope is that your financial troubles are behind you. Life doesn't always unfold that neatly, though, especially ...

Compare bankruptcy and debt consolidation: benefits, drawbacks, legal implications, credit impact, and factors to consider in ...

For many Americans, your local Red Lobster may be a thing of the past. The seafood chain closed dozens of restaurants ahead of an announcement last week that it was filing for Chapter 11 bankruptcy in ...

Kirkland & Ellis litigator Mark McKane and his restructuring partner Aparna Yenamandra discuss their recent work on behalf of retail pharmacy Rite Aid, which is poised to emerge from bankruptcy. Last ...

Bankruptcy technically eliminates your HELOC obligation. But you have to keep making payments, if you don't want to lose your home to creditors. The exact impact depends on the type of bankruptcy you ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. Bankruptcy stays on your credit report for ...

Bankruptcy does not automatically eliminate all debts, including HELOCs. The impact of bankruptcy on a HELOC depends on the type of bankruptcy filing (Chapter 7 vs. Chapter 13). In both types of ...