A co-signer will be held responsible for the debt if a borrower files for Chapter 7 bankruptcy. Here’s what you should know in order to protect yourself.

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Debt consolidation and bankruptcy are strategies to relieve debt, but the effects are radically different. Bankruptcy can ...

Unsecured debt, or any debt that isn’t backed by collateral, is a common option for many borrowers. Lenders usually charge ...

With bankruptcy, the amount of debt that you repay is set by law and not up for negotiation. You must disclose all of your ...

You can't discharge every type of debt Chapter 7 wipes out many unsecured debts, but not all. Obligations like child support, alimony, recent income taxes and most student loans are non ...

While student loans aren't discharged through Chapter 13, the bankruptcy process can influence repayment terms. Student loans are treated as nonpriority unsecured debts, similar to credit card ...

Lead plaintiff Tashanna B. Golden has been litigating in bankruptcy court for more than seven years, asserting that certain debts she incurred as a law school student were terminated through her ...

In most cases, it’s not worth filing Chapter 7 bankruptcy just to help with your car loan. You can refinance your car loan, get a personal loan to pay it off or contact your lender to come up ...

However, some forms of debt, such as back taxes, court judgments, alimony and child support, and student loans generally aren’t eligible. Chapter 7 bankruptcy will leave a serious mark on your ...