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If you have recently inherited money after filing bankruptcy, you may be wondering what happens to that money.

Inheritances are treated differently depending on when it is received and what type of...

Older Americans are doing something that their generation has never done before: filing for bankruptcy in masses. The so-called "baby boomer" generation is now facing greater financial instability...

Many people struggling with debt are hesitant to take a big step in regaining control of their finances: filing for bankruptcy. This hesitancy often stems from feelings of fear, guilt, shame, or...

It's been nearly a year and a half since federal health insurance reform passed. But it doesn't take full effect until next year. And in the meantime, medical bills continue to be a major factor in...

We've all heard the old saying, "Life goes on." Well, the old saying is true, and it applies very well to those who have gone through bankruptcy.

To be sure, there are challenges. Filing for...

Just as individuals feel the pinch of a slow economy, businesses suffer during economic downturns. A recent high profile example of a business seeking bankruptcy protection is the L.A. Dodgers filing

The recession may officially be over. But times are still tough, with unemployment high, housing values low, and everyone trying to adjust to a new economic reality.

Fortunately, bankruptcy remains a...

Contrary to popular belief, some back due taxes owing to the Internal Revenue Service (IRS) can be wiped out in bankruptcy. In order to be eligible to wipe out a tax debt, there are five conditions...

Decreasing home values and multiple mortgages can create opportunity for debtors in a Chapter 13 bankruptcy. According to a report issued on February 23, 2010 by First American CoreLogic, more than...

RealtyTrac reported its January 2010 Foreclosure Market report on February 11, 2010, which showed a decrease of nearly 10 percent from the previous month of December 2009. However, the report...