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A federal judge in Texas has reversed a Biden administration rule that wiped medical debt from credit reports, affecting ...
The debt limit is unlikely to stir-up sufficient popular attention or support to fuel a successful discharge campaign — as important as the issue is to the financial well-being of the country ...
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What is unsecured debt?
Unsecured debt, or any debt that isn’t backed by collateral, is a common option for many borrowers. Lenders usually charge higher interest rates for unsecured versus secured debt since it’s riskier, ...
Loans, medical debt and credit card debt are generally all able to be discharged through bankruptcy. Tax debt, alimony, spousal or child support and student loans are all typically ineligible for ...
In the debt ceiling standoff, some in the House GOP caucus may have to risk their jobs to stave off default.
Indeed, the more a discharge petition effort is seen as defying McCarthy, rather than defying an extreme group of hardline House Republicans, the less likely House moderates will do it.
The use of a so-called "discharge petition" is cumbersome, time-consuming and rarely successful. But Democrats are getting the ball rolling.
This type of bankruptcy can provide significant relief, but you should know how much debt is required to qualify.
As student loan balances continue to affect borrowers across all age groups, a difficult but important question arises: what happens to this debt when the borrower passes away? Re ...
If you were to file for bankruptcy, you might experience an unwelcome shock in finding out this does not discharge all forms of debt. Those who carry certain debts are still held responsible for ...
Unless President Joe Biden takes swift action to discharge student debt in the coming weeks, many of us will never be able to retire.
There are a variety of debt relief options that can bring debt struggles to an end. It's understandable to want to know how long debt relief takes before you choose one.The short answer is that any ...