Southwest’s antiquated SkySolver scheduling system, when overwhelmed, resulted in more than 16,900 canceled flights, stranding over 2 million passengers, and losses surpassing $825 million over the ...

Filing for bankruptcy can provide serious relief from your mounting debt, but there are a few things to know first.

each individual will receive a letter indicating that their medical debt has been discharged as a gift — with no resulting tax implications — and removed from credit reports. “Undue Medical ...

Debtors were denied a discharge when they could not adequately explain or provide sufficient documents for a complex asset ...

On Jan. 7, 2025, the Consumer Financial Protection Bureau announced a new rule banning medical debt from all credit reports.

The Trump administration is against broad student loan forgiveness, but you probably won't have to pay back debt relief you ...

Declaring bankruptcy can offer big relief to those buried by debt, but do debt collectors get paid in the process?

Bankruptcy can discharge or restructure most credit card debt, but there are exceptions. For example, luxury purchases or cash advances made shortly before filing may be nondischargeable. Additionally ...

When 86-year-old Rebecca Finch received a letter from loan servicer Navient stating that her $31,730.76 private student loan balance was forgiven, it was a huge relief. Finch cosigned a student loan ...

Car prices and the resulting monthly payments have been rising rapidly in recent years. As of the third quarter of 2024, the average monthly payment in the United States was $737, according to ...

Monitoring debt transparency How transparent are IDA countries in their debt reporting practices? This heat map presents an assessment based on the availability, completeness, and timeliness of public ...

In the past, discharging student loan debt was considered to be nearly impossible ... or seriously considering it, a student loan discharge is an excellent option." Persis Yu, deputy executive ...