What Is Debt Settlement? Debt settlement is a process through which individuals and businesses can negotiate with their creditors to reduce the amount of debt owed, often by a significant percentage.

What Happens to Unsecured Debt in a Bankruptcy? In a bankruptcy, such as a Chapter 7 filing, debtors are able to discharge their unsecured debts. Most of the time, unsecured debt is wiped out. If ...

Learn about the debt-to-equity ratio, ... Debt to Equity Ratio Definition. Read our Advertiser Disclosure. Eric McConnell. Contributor, Benzinga. December 3, 2024.