What can you not do in a Chapter 7 bankruptcy?

If you’re filing for bankruptcy, knowing the boundaries of Chapter 7 matters just as much as understanding its benefits. Mohamad Faizal Bin Ramli/Getty Images When Americans are drowning in debt — and a lot of them are right now, considering that recent data shows credit card balances have topped $1.2 trillion with average credit card APRs…

How to Pay Off Debt: Top Strategies for 2026

There are several smart options for paying off debt. The best way largely depends on how much you owe and how it compares to your income. If your debt doesn’t consume a significant portion of your income, you might find success by tackling it on your own with the debt snowball or debt avalanche methods.…