Debt settlement and Chapter 11 bankruptcy aren't the only ways to tackle your financial troubles. Depending on your circumstances, these other debt relief solutions might be more suitable: ...

That was after $1.2 billion already went out the door to student borrowers under the program, which started in February 2024.

(Income-driven repayment plans set your monthly bill based on your income and family size, and used to lead to debt forgiveness after a certain period, but the terms vary.) The 8th U.S. Circuit ...

Former President Joe Biden’s exit from the White House is bringing an end to most efforts to cancel student loan debt after it wiped ... having its signature forgiveness efforts blocked in ...

Form 1099-C reports canceled debt to the IRS when a creditor has forgiven or erased a balance owed so a taxpayer no longer has to pay it. What Is Form 1099-C: Cancellation of Debt? Lenders must ...

It also provided debt forgiveness for some smaller loans in as few as 10 years, compared to the 20- or 25-year timeline under earlier rules. U.S. Circuit Judge L. Steven Grasz, appointed by Trump ...