We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. A debt discharge doesn't happen randomly, either, and it doesn't apply ...

The term "discharged" refers to the elimination of a debtor's obligation to pay certain types of debts. Bankruptcy offers an avenue for individuals and businesses to manage overwhelming debt. It's a ...

The average American household currently carries over $7,000 in credit card debt, and for a large number of borrowers, other debts, like medical bills and personal loan debts, are also piling up amid ...

Biden's reforms to the bankruptcy process for student-loan borrowers are working. The main issue: not enough people know ...

The success rate for student loan borrowers who attempt to discharge their debt in bankruptcy has "jumped" to 87% in recent years, a new study finds. Still, few people pursue the option because of a ...

Considers Radiance Capital Receivables Twelve LLC v. Campbell (In re Campbell) where the dischargeability of bankruptcy liens and contempt for violation were at issue.