The income limits for Chapter 7 depend on numerous factors, including a complex calculation called the means test.

If you’re carrying a balance on your credit card, you certainly aren’t the only one. In fact, 46% of credit card users carried a balance for at least one month in the last year. And the average unpaid ...

O NE REASON economists have a poor record of predicting fiscal crises is that there is no defined level at which debt can be said to be too high. They prefer to assess whether a debt-to- GDP ratio is ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. If you're struggling to juggle multiple bills and find yourself sinking ...

In 2025, the average person in the U.S. owes approximately $62,500 in debt, including student loans, mortgages, credit cards and personal loans. This means, if you’re planning to get married, or ...

What better time to discuss student debt insanity than now? May 12, 2013— -- Some call it the Student Loan Bubble -- I call it crazy. And what better time to discuss student debt insanity than ...

Americans collectively carried $1.13 trillion in credit card debt as of the third quarter of 2023, marking the highest level in more than a decade and surpassing the previous peak from 2008. This ...

The rise in public debt was a bit greater than the overall rise, and the private debt ratio actually declined a little in ...