FAQs for people considering bankruptcy

Bankruptcy Basics

The TDS Library

Am I a Good Candidate for Bankruptcy?

Gary Foreman

Use these guidelines to determine if bankruptcy might be the best choice for your financial situation.

Debts that Can't Be Wiped Out in Bankruptcy


Certain debts can be covered in bankruptcy, but here are some you'll always have to pay back.

Declaring Bankruptcy

TDS Reader Solutions

Is it really a "get out of jail free card"?

Debt Book
Which Debts Can Be Discharged in Bankruptcy?


Filing bankruptcy has some debt exclusions. These charges can usually be eliminated.

Is Bankruptcy the Best Option for Your Debt?

TDS reader Solutions

Is it the best way out? Or are there better alternatives for you?

Have you decided not to do anything about your debts? Here's what the future has in store for you.

Can Stigma of Bankruptcy Hurt a Job Hunt?


Bankruptcy can stymie a career move. Here's how to beat the stigma and land a new job.

Should I Stop Paying Bills before Filing Bankruptcy?


You can stop paying some bills before filing bankruptcy, but it might mean more headaches. Here's why.

Can I File Bankruptcy on the Taxes I Owe the IRS?


Bankruptcy might help, but before you take that route, consider this option.

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Bankruptcy Won't Help These Money Woes


Your financial "sins" won't go away if you file bankruptcy. Take a look at the big picture.

Should I Take Out a Loan to File for Bankruptcy?


Incurring more debt to get rid of debt could be trouble once you get to court.

Answers to 10 Tough Bankruptcy Questions


Bankrate's Bankruptcy Adviser answers frequently asked questions from readers.

Am I a good candidate for bankruptcy?

Worst-Case Scenarios when Filing Bankruptcy


What's the worst that can happen when you file bankruptcy or go into credit counseling?

Will My 401(k) Be Safe if I File for Bankruptcy?


Retirement money is safe in bankruptcy, as long as you keep it in the right place.

Should I File for Bankruptcy with a $12K Debt?


Bankruptcy isn't a cure-all. You should avoid it if you can't afford these consequences.

12 Myths about Bankruptcy


Facing bankruptcy is bad enough. Don't dig a deeper hole with faulty assumptions.

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