Debt Management
staticnak1983/Getty Images Key takeaways You will receive a 1099-C Cancellation of Debt form if a lender forgives more than $600…
Key takeaways Bankruptcy is handled through the federal courts. Debtors typically file for Chapter 7 (liquidation) or Chapter 13 (reorganization)…
Our writers and editors used an in-house natural language generation platform to assist with portions of this article, allowing them…
Key takeaways If you decide to cash out your settlement all at once, you won’t receive all the funds you’re…
Key takeaways Wage garnishment is the withholding of a portion of your earnings from your paycheck to pay off a…
1. Identify Your Financial Goals Do you want to stop living pay cheque to pay cheque? Do you want to…
Key takeaways A 609 dispute letter is a formal way to request more information about the accounts on your credit…
Key takeaways Your retirement funds are protected by the Employee Retirement Income Security Act (ERISA) if you file for bankruptcy.…
Credit settlement may help you eliminate credit card balances for less than you owe. However, this debt relief method has…
Key takeaways Certain actions, like making a payment, can reset the clock on old debts and give your creditors more…