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  2. Which debts can’t be discharged in bankruptcy? - AOL

    www.aol.com/finance/debts-t-discharged...

    Unsecured personal loansloans not backed by collateral — and loans from friends, family or employers are eligible for discharge. Plus, 403(b) loans also qualify for discharge under both a ...

  3. Bankruptcy vs. default: Which route is best for you? - AOL

    www.aol.com/finance/bankruptcy-vs-default-route...

    A debt consolidation loan is a personal loan that you use to pay off other debt, usually from credit cards. Debt consolidation loans typically have low fixed interest rates and terms lasting ...

  4. Debt consolidation with a personal loan

    www.aol.com/finance/debt-consolidation-personal...

    Example: To illustrate, assume you have the following credit cards: Card 1 carries an APR of 15 percent, the minimum monthly payment is $25, and the outstanding balance is $500.

  5. Should I file bankruptcy for $12K debt? - AOL

    www.aol.com/finance/file-bankruptcy-12k-debt...

    Have more than $10,000 in dischargeable unsecured debts like credit card bills, medical expenses or personal loans. Have exhausted other debt-relief options and cannot feasibly pay off their ...

  6. What is a personal loan? How it works — and what to know ...

    www.aol.com/finance/what-is-a-personal-loan...

    Advertised interest rates range from 8% to 36%, though the average interest rate on a two-year personal loan was 11.92% as of May 2024, according to the Federal Reserve Bank of St. Louis.

  7. Common types of bankruptcy and how to avoid filing - AOL

    www.aol.com/finance/common-types-bankruptcy...

    Key takeaways. There are two common types of bankruptcy: Chapter 7 and Chapter 13. Filing for bankruptcy is a time-consuming process that can take years to stop affecting your finances.

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