Browsing: Debt

Credit card debt is a common feature of modern life, but many people ask the question, “Is credit card debt a liability?”   Understanding the role of…

Debt collectors play a vital role in the financial ecosystem by recovering unpaid debts on behalf of creditors. These agencies engage in various tactics to secure…

Paying off debt alone can be hard. This is especially true if you don’t have time to talk to creditors. Luckily, debt relief companies can help.…

WASHINGTON, DC – MARCH 12: The headquarters of the Department of Education are shown March 12, 2025 … More in Washington, DC. The Department of Education…

Tax debt occurs when an individual or business owes money to the IRS but hasn’t paid the full amount by the due date. This can happen…

Households under 35 were the only age group to consistently lower their mortgage debt throughout 2024, according to new Statistics Canada data. Their average balances dropped…

I try to pay attention and at the right time… to try and pursue a legislative response if that’s warranted. And it’s all about parents who…

Debt can create big problems. It can affect your mood, hurt your relationships, or limit your opportunities. Debt is often hard to handle, but there are…

Settling debt for less than the amount you owe can feel like a financial victory. However, the IRS often treats forgiven debt as taxable income, potentially…

You have many choices when dealing with debt. Two popular options are debt consolidation and debt restructuring. Understanding each of these can help you make good…