All posts in Debt

New Year's Eve is a time of new beginnings. It's the time to shut the door on the mistakes of old and vow to do better next year.

As bankruptcies soar into record levels, experts maintain that the biggest problem is that consumers miss the early warning signs of economic crisis. If you want to keep

Unlike most forms of debt, student loans are not forgiven in bankruptcy except in the most dire circumstances.Thousands of heavily indebted college graduates could shed some student loan

Americans have been patting themselves on the back for their new-found restraint thanks to statistics that indicated we’ve paid out $100 billion in credit card debt over the

The Federal Trade Commission is in the middle of an ongoing effort to crack down on debt collection practices in the wake of a recession which left this

Families struggling with overwhelming debt may be tempted by advertisements that promise to settle your bills for pennies on the dollar, but beware. Using a debt settlement company

Over the past year Americans have made strides in paying off their debts, cutting what they owe on both credit cards and mortgages. There’s just one area where

Americans aren’t just paying off their credit cards. They’re making real progress in paying down their home mortgages too. Where have consumers made the most progress in paying

Since this time last year, credit card debts have dropped a stunning 17 percent. Some of this is likely to be involuntary as issuers have pulled roughly $1