Discover how debt settlement can help reduce your debt burden. Learn the definition, types, process, pros & cons. Start ...

Reaffirmation and exclusion are two very different things when it comes to bankruptcy. No debts can be excluded from bankruptcy. “All debts are listed or included in bankruptcy,” Morgan said. “You ...

Debt settlement has major risks but can be a last-ditch option for those buried in debt. U.S. News provides advice on which ...

Finally, working with a debt relief company does require that you have some money coming in, as you’ll have to build up funds to offer the creditors as a settlement. Bankruptcy could help ...

While outright personal loan forgiveness is rare, there are strategies you can use to reduce this type of debt.

Debt settlement isn’t an easy way out of your loans. It should be seen as a last resort to lower your financial burden and avoid bankruptcy. You may have to sacrifice your good credit score and ...

The study argues implicit bias from court officials is part of the problem in Chapter 13 cases. The head of a trustees group ...

It's not guaranteed to work and, even if it does, he'll have to pay as much as 23% of the enrolled amount to the debt settlement company. But, he says, he'd still come out ahead financially and ...

If you've gone through Chapter 7 or Chapter 13 bankruptcy and had credit card debt discharged as part ... For example, if you negotiate a settlement in December 2024 but the credit card company ...

While entering bankruptcy can be painful and leave a financial scar, it’s often a necessary last resort for those trapped in a cycle of debt. Studies have shown that a successful bankruptcy ...