Debt Management
Financial Literacy Webinar Ask Us Anything: Money Edition Want to level up your financial learning? Have money questions and you…
Key takeaways A reaffirmation agreement allows you to retain a specific asset (commonly a house or car) during bankruptcy in…
Beware of Bailouts While offering financial assistance to a family member can provide them with much needed relief from stress,…
Key takeaways There are several kinds of bankruptcy as established by the United States Courts. The kind of bankruptcy filing…
Key takeaways In a Chapter 7 bankruptcy, creditors can seize certain assets to repay the debts you owe. However, exceptions…
Key takeaways Although it’s not advised, you may be able to get out of credit card debt by stopping your…
staticnak1983/Getty Images Key takeaways You will receive a 1099-C Cancellation of Debt form if a lender forgives more than $600…
Our writers and editors used an in-house natural language generation platform to assist with portions of this article, allowing them…
Key takeaways An automatic stay prevents creditors from pursuing collections against you during bankruptcy. Both Chapter 7 and Chapter 13…
Key takeaways Defaulting on a loan means that you’ve violated the promissory note or cardholder agreement with the lender to…
