The Supreme Court in a unanimous decision Wednesday ruled that a woman could not use protection under the U.S. bankruptcy code to avoid paying a debt that resulted from fraud…
Tag: debt
Elon Musk in Talks to Raise $3 Billion for Twitter’s Debt
CEO Elon Musk’s Twitter is looking to raise up to $3 billion to pay down its current debt of over $13 billion. According to the Wall Street Journal, Musk and…
Biden Administration Offers New Path to Discharging Student Debt in Bankruptcy
As President Biden’s broad plan to cancel student debt for millions of borrowers faces mounting legal challenges, his administration took a separate step that could make it easier for the…
How to Manage Credit Card Debt When Holiday Shopping
And, he advised, include savings on your “spending” list, and set aside some cash. That way, you’ll have some reserves when those holiday bills come due. Here are some questions…
How the U.S. government can keep household debt in check
On Aug. 24, President Biden announced the cancellation of $10,000 in federal student loan debt for most borrowers making less than $125,000 annually. But student loans account for less than…
Do I qualify for student loan forgiveness? What to know about Biden’s debt plan.
President Joe Biden tweeted Wednesday what many have anticipated for months – a plan to forgive or reduce student loan debt for millions of debt-saddled borrowers. If you earn less…
White House Expected to Announce Plan to Cancel Student Debt
President Joe Biden is expected to announce his plan for student debt relief on Wednesday, according to multiple reports. Although details have yet to be confirmed by the White House,…
I’ll be 65 soon, have $320,000 in retirement savings and a paid-off home but I’m $46,000 in debt – should I take more money out of my investments?
I’ll be 65 in a couple months. I retired at 63 and am currently receiving survivor Social Security payments (from my late husband). I plan on switching over to my…
I want to retire next year, but I have $25,000 in credit card debt and a major monthly mortgage payment — I also live with my three kids and ex
I’ll be 57 next month and am divorced with three kids living with me. One is 28, she’s working, another is 21 and a senior in college (with a full…