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 ...

Millions of people have gotten a break from paying their federal student loans during the pandemic. But there's been no relief for millions of others with private student loans who may not realize ...

A new study suggests that distressed borrowers using a simpler bankruptcy process are succeeding — and that more people like them should try. By Tara Siegel Bernard Student loans have long been ...

Drowning in debt? Both Chapter 7 and Chapter 13 bankruptcy could offer relief, but they work very differently.

If you’re deep in debt, at what point are you actually bankrupt? Before declaring bankruptcy, you have a few options to consider first. John, a 20-year-old from Nashville, is overwhelmed with debt. “I ...