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And, your Social Security benefits are also protected from most creditors under federal law. Credit card companies and debt ...
Debt consolidation could save you hundreds or thousands of dollars in interest, but there are things to know first.
Having your debt forgiven could provide you with serious relief, but you'll need to know which types of debts will qualify. ...
For example, if you take out a car loan from your credit union, you’re the debtor and the credit union is the creditor in this transaction.
Debt collectors may cross legal lines with threats, harassment and deception. Know the red flags (and your rights).
Marital debt refers to financial obligations incurred during a marriage, such as mortgages and credit cards. Because a marriage is a complex legal partnership, it’s not as easy as looking at the ...
Long-term debt refers to financial obligations that are due for repayment after more than one year from the date of the balance sheet. Here's what investors should know.
When a company’s operations or assets are funded primarily by debt, it is often described as leveraged. In order to determine just how leveraged a company is, ...
In the case of a default on a recourse debt (whether the debt is secured or unsecured), the creditor has the legal right to sue the debtor personally to satisfy any deficiency. So, in the case of ...
A summary of recent developments in debtor-in-possession (DIP) financing, including interest rates, fees, DIP-to-exits, equity conversions, club deals, underwriting and syndication, covenants ...
Your car is an example of secured debt, which can be seized by a debt collector, depending on the terms of your loan. Whether a debt collector can repo your car can also depend on the type of ...
Marital debt typically includes different types of liabilities that are incurred during the lifetime of a marriage. Here are eight to keep in mind: When a marriage ends, the division of debt can ...