Debts, inflation, and policy uncertainty left businesses and consumers navigating a tough economic climate last year.

No one wants to file for bankruptcy, but if you're heading in that direction, delaying the inevitable may only make things worse. Bankruptcies are still significantly below pre-pandemic levels, but ...

The Internal Revenue Service needs to do a better job of safeguarding sensitive information about taxpayer bankruptcy petitions, even from its own employees, according to a new government report. The ...

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Bankruptcy is a drastic action but a viable solution for certain types of financial peril. However, misconceptions about bankruptcy abound. Filing for personal bankruptcy does not always mean that ...

Ben Gran is a freelance contributor for Forbes Advisor on banking. He also writes for The Ascent (a Motley Fool service), where he covers insurance, credit cards, personal finance and investing. Ben ...