Student loan debt has risen significantly in recent years. Proposals for helping Americans deal with their crushing debt and even canceling some debt are being discussed by people who have entered the 2020 presidential race, like Sen. Elizabeth Warren.
Debt collectors may soon have more tools at their disposal
Back in the day, if someone owed money to a creditor, they may have received seemingly relentless telephone calls from collection agencies. Now, many people don't have landlines and may not even answer cellphone calls. Younger people, especially, are more likely to communicate via text.
Know the facts about the impact of bankruptcy on your credit
The decision to file for bankruptcy should never be made lightly. However, it should be made based on accurate information and not on widespread myths and misconceptions.
Gambling debts and Chapter 7 bankruptcy
Have some big losses at an Atlantic City casino contributed to the financial situation you find yourself in that has you considering bankruptcy? You may wonder if gambling debts can be discharged in Chapter 7 bankruptcy. The good news is that they likely can be.
Want a foreign bank account? Think about this first
New York residents have a number of reasons why they may want to open offshore bank accounts. There can be some advantages to doing so, but there can also be some disadvantages. For instance, you may not be aware of some tax implications.
New state law restricts debt collection efforts after a death
When a New Yorker dies, does their debt die with them? Not necessarily. However, that doesn't mean that surviving family members are responsible for it.
