Bankruptcy Basics

Learn the fundamentals of bankruptcy, including Chapter 7, Chapter 13, filing requirements, timelines, and common questions to help you understand your options.

Have You Considered These 10 Options Before Filing for Bankruptcy

While bankruptcy is a popular solution out of debt, there are other ways to get rid of debt. If you have been reading up on bankruptcy, and it does not sound like something you would like to proceed with, there are numerous other alternatives for you. For example, you could consider home co-investment, which is different from HELOC and reverse mortgage and doesn’t need monthly payments.

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2024 Bankruptcy Statistics Analysis in the U.S.

Unsecured debt has hit a level never seen before, with interest rates accumulating since the 2020 pandemic. Many lost their jobs, and average household income has come at an all-time decline throughout the United States. The following statistics will explore more about how, on average, households manage their debt and the circumstances that led to financial instability.

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