Mark Henricks has written on mortgages, real estate and investing for many leading publications. He works from Austin, Texas, where he engages in songwriting, wilderness backpacking, whitewater ...

Drowning in debt? Both Chapter 7 and Chapter 13 bankruptcy could offer relief, but they work very differently.

Filing for Chapter 7 bankruptcy protection results in an automatic stay, which is a court measure that stops collection actions. While the stay is active, creditors can't call or send letters to ...