Rule 523 dictates the debts you can't erase through bankruptcy (and the list might surprise you).
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Income limits vary by bankruptcy type, state, and household size, but they're typically higher than people expect.
Recent economic news reports have highlighted increasing inflation rates, rising unemployment numbers, and growing consumer credit delinquencies. Other factors, including medical and student loan debt ...
The numbers tell a stark story about Americans' current financial struggles. Bankruptcy filings increased by 11.5% for the 12 months ending on June 30, 2025, according to data released in late July by ...