What Is a Bankruptcy Discharge? A bankruptcy discharge is a legal order that releases a debtor from the personal liability of certain types of debts. If your bankruptcy has been discharged, it means ...

A newly minted lawyer is bringing suit over debt incurred to prepare for her bar exams. Boca Raton attorney Verhonda Williams said she struggled to find work after graduating law school in 2011 and ...

Debt collectors can freeze your bank account with a levy, but how serious and immediate is the impact?

Received a Form 1099-C for canceled debt? Learn why the IRS may consider it taxable income and, crucially, how you might be ...

A bankruptcy judge in Buffalo has wiped out the $56,299 debt of a woman who borrowed $16,900 25 years ago for an education she never completed. A bankruptcy judge in Buffalo has wiped out the $56,299 ...

The U.S. Court of Appeals for the Ninth Circuit has found that debts relating to a securities law violation could be discharged in a Chapter 7 bankruptcy proceeding if the debtor himself was not ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. Many people believe they will walk away ...

Forbes contributors publish independent expert analyses and insights. Robert W. Wood is a tax lawyer focusing on taxes and litigation. Suppose that your uncle loans you money, but later tells you not ...