Debt Management
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…
Key takeaways If you decide to cash out your settlement all at once, you won’t receive all the funds you’re…
Key takeaways Bankruptcy is handled through the federal courts. Debtors typically file for Chapter 7 (liquidation) or Chapter 13 (reorganization)…
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…
1. Identify Your Financial Goals Do you want to stop living pay cheque to pay cheque? Do you want to…
Key takeaways A 609 dispute letter is a formal way to request more information about the accounts on your credit…