Before filing for bankruptcy, you need to know what debts must be disclosed and what happens if you leave some out.

Bankruptcy can help you get a fresh start, but some types of debt aren't alleviated when you file for bankruptcy. Several others are very difficult to get discharged.

Could your debt be reduced or forgiven? Take our financial relief quiz. There is no minimum debt requirement to qualify for Chapter 7 bankruptcy, according to U.S. bankruptcy law. In most cases, it ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Auto dealer Tricolor filed for Chapter 7 bankruptcy in Texas court on Wednesday, moving to liquidate its business a day after ...

Damon Dash tells fans on Instagram to '#staytuned' as he addresses reports about his decision to filed for Chapter 7 ...