Free, private, and built to help
A public-service guide to debt and bankruptcy. Answer a few plain questions and get an honest read on your options, with no pressure and nothing to sign.
No name, no account, nothing saved
Drag your monthly payment and watch what happens.
Estimates only, not legal or financial advice. Some debts (most student loans, recent taxes, child support) do not discharge.
No name, email, phone, or Social Security number. Nothing you type is saved, sent, or shared. Every calculation runs on your own device, and closing the tab erases it. How we protect your privacy.
The main tool
About a dozen plain questions, including the makeup of your debt, then a personalized summary: how much would likely be erased, what is protected, what to be careful about, and whether bankruptcy looks like a reasonable option for you.
Start the questionnaireIt is a real tool for many people and the wrong move for others. Here is the honest version before you spend a dollar.
Bankruptcy usually helps most when your debt is:
These are unsecured debts, and Chapter 7 usually wipes them clean.
Worth thinking through carefully if you have:
Chapter 13 or some timing may serve you better than Chapter 7.
Bankruptcy rarely solves debt that is mostly:
These usually survive a filing. We will point you somewhere more useful.
Get specific
Bankruptcy is federal, so how it works is the same everywhere. But what you keep and the income limits depend on your state. Pick yours to unlock its rules and the full questionnaire. Texas is live now, with more states coming.
What you keep and the income limits are tailored to your state. See the full breakdown of exemptions and the means test, then walk through your situation. Open state rules.
Most of what scares people about bankruptcy is not true.
In Texas, almost never. The homestead exemption protects your home equity with no dollar limit, as long as you are current on the mortgage. It is one of the strongest protections in the country.
No. It is a 7 to 10 year mark, but scores often start recovering within months because your debt drops to almost nothing. Many people qualify for an FHA mortgage about 2 years after discharge.
Run the calculator at the top. If your payment is below the monthly interest, you are not paying it down at all. The balance grows no matter how faithful you are.