While every situation is different, a Chapter 13 Bankruptcy is usually quite effective for situations where you've fallen behind on your mortgage or other debt payments due to a temporary setback, such as loss of employment or illness, which has since been resolved....

Thinking about using a debt consolidation service or dealing directly with your creditors to reduce or settle your debt?You may want to think again.If you work out a deal to reduce or settle your debts, you may fall victim to a little known IRS provision known as...