
Will filing for bankruptcy clear all my debt?
There are some debts you can’t get out of if you declare bankruptcy.
Katherine Peach has been a personal finance writer since 2007, with a focus on investing, saving, budgeting, and paying off debt. However, she didn’t always intend to write about money — she graduated from the University of Maryland, Baltimore County with a degree in Ancient Studies. (Unearthing smart money ideas isn't such a bad career alternative to being an archaeologist!) In her spare time, she enjoys DJing, making miniature art, and spending time in the forest.
There are some debts you can’t get out of if you declare bankruptcy.
A bank levy typically happens when other attempts to collect from you have failed.
When your bills are overwhelming, debt settlement is one way forward.
Student loan forgiveness is not an immediate solution, but it can bring relief.
It’s important to think carefully about when it makes sense to file for bankruptcy.
Know your rights when it comes to paying off old debt.
There are several types of liens. If one is hanging over you, don’t take it lightly.
You have rights when debt collectors contact you. Try these steps when you respond.