Rule 523 dictates the debts you can't erase through bankruptcy (and the list might surprise you).
Bankruptcy exemptions determine what property you can keep, so knowing these limits is crucial before you file.
Getting the timing right can mean the difference between a successful bankruptcy and one that leaves debts behind.
Bankruptcies are climbing again in 2025 as higher borrowing costs, lingering inflation and uneven wage growth squeeze households that were already fragile. For some, a court filing is a last resort ...