Articles authored under Debt.com include guest posts and collaborative content.
Public Service Loan Forgiveness is the largest and most comprehensive student loan forgiveness program, but it’s not exactly easy to qualify. Learn how PSLF works and what you need to do to ensure you’re eligible.
If you need to enroll in bankruptcy counseling in order to fulfill the requirement for filing, we can connect you with approved counseling providers who can also provide resources to help you file and to recover quickly once your filing is complete.
When you take individual perspectives and blend them into a single money management strategy, it can be tricky. Here are 4 key questions to ask when budgeting for couples.
When you cosign a debt, you take on the obligation to repay if the main debtors can’t. But what happens if the borrower files for bankruptcy?
Both IRS and state tax debt can be discharged during bankruptcy, but the amount you end up paying depends on your financial situation and the chapter you file.
We help you weigh the advantages and disadvantages of filing for bankruptcy so you can decide if it’s the right choice for your situation.
You may be hoping for a quick and easy exit, but completing your bankruptcy filing could take up to five years if you go through Chapter 13.
By law, you don’t need a lawyer to file for bankruptcy – either personal or business – but there are some key points to note before you go pro se.
Debt collectors have a right to contact your employer, but not to shame you about your debt – it’s only allowed to verify your identity.
There’s nothing to prevent a collector from showing up on your doorstep, but there are restrictions on what they can do and it’s rare to actually happen.
You have a right to fight back for violations of the Fair Debt Collection Practices Act. Learn when you can sue a collector for harassment.
Debtor’s prison might’ve been a concern in the 1800’s, but these days you usually don’t have to worry about going to jail over unpaid debt.
When you owe money to a debt collector, there’s a chance they can sue you and get a court order for garnishment that could affect your accounts.
When a collector crosses the line, you have a right to protect yourself by filing a complaint with the FTC or CFPB. Learn what to do to fight back.
Debt buyers are a big part of the collection industry these days, so learn what happens if debt is sold to a buyer and what it means for you.
Your rights and how you deal with past-due debt are largely determined by the length of the delinquency and whether that debt has passed to a collector.
While total tax debt forgiveness is a bit of a myth, there ARE relief options you can use to reduce or eliminate your liability on unpaid tax debt.
Military service members and veterans have options for student loan forgiveness that can erase all or part of the remaining balances on your loans.
If you’ve filed for bankruptcy in the past and need to file again, learn how much time needs to pass before your debts can be discharged by the courts again.
Find up-to-date statistics about how personal bankruptcy affects consumers in the U.S. We also provide some business bankruptcy statistics, too.
The Bankruptcy Abuse Prevention and Consumer Protection Act sets the process when consumers file for personal bankruptcy. Learn more about your rights.
Learn how student loan forgiveness works for firefighters, police, EMTs, and other public servants to see if you qualify to erase your remaining debt.
Using consolidation to eliminate debt shouldn’t delay or derail your plans to buy a home. We explain how consolidation can actually help you get approved for a mortgage.
Collectors may threaten you with it, but debtors’ prison hasn’t been a thing since the 1800s. We explain when you can and can’t go to jail for debt — hint, it almost never applies credit card debts in collections.
Credit issuers give you plenty of time to pay off debt, but paying minimum payments will get you nowhere fast. We help you understand how long you have to repay credit card debt and what happens once it goes to collections.
You might be tempted to use retirement accounts to pay off credit card debt if you’re falling behind, but is it worth the risk to your financial future? Learn if using a 401(k) is a smart way to reach zero.
We take you from the first missed payment to charge-off and collections to explain what you can expect if you stop paying your credit card bills. is it worth the financial stress if you can’t afford the bills?
No matter how old you are or where you are in life, as a woman you need a personalized financial strategy that helps you avoid issues and reach your goals.
Budgeting doesn’t have to be difficult or time consuming – especially if you avoid these budget don’ts so you can focus on what you need to do.
A personal financial management (PFM) platform is a money management tool you can use to make budgeting, saving and debt elimination fast and hassle-free.
From marriage to kids to downsizing in your golden years, we’ll show you what you need to know to make sure your family is financially successful.
Fair Debt Collection Practices Act stats of abusive debt collection practices and violations. One out of every ten Americans came out of the 2009 financial crisis with one or more debts in collections according to the Consumer Financial Protection Bureau (CFPB). Still, as 30 million Americans — struggle to pay down their debt; they’re being […]
Find the answers you need if you’re facing harassing debt collectors. Debt collection isn’t one of those things you learn about in school. It’s probably not a topic your parents covered when you were a kid, because they didn’t want to think you’d end up struggling. But delinquent debt happens, and whether you’re in trouble […]
Find answers to the most common question about bankruptcy on the web. When you file for bankruptcy, the last thing you want to have in uncertainty about what’s going to happen. That’s why it’s so important to be informed and find the answers you need to answer your most pressing questions about bankruptcy. That way, […]
Debt.com brings you the latest consumer credit card debt statistics, so you can see where consumers stand with revolving debt today and see how you stack up.
If you’re married filing jointly and your spouse doesn’t pay the IRS, then you could find yourself on the hook for that tax debt unless you take these steps.
Avoid the placement of a tax lien by seeking resolution.
“Audit” may be the scariest 5-letter word in the English language, but we’re here to break it down to remove the mystery and give you some peace of mind.
Even if you don’t file a tax return, the IRS can still find you from data they collect from third-party bank and credit info.
The IRS adds penalties and interest every month you don’t pay your taxes. Learn how to make a plan that avoids the pitfalls of these extra costs.
Levies allow the IRS to take money directly out of your bank accounts to cover unpaid tax debt. Learn how to protect your cash flow from levies.
Easy answers about the IRS, back taxes, and how you can take control. Tax debt is one of the scariest and most intimidating types of debt you can face. As a government agency, the IRS can take any number of measures to collect debt that they think you owe. If you don’t understand how the […]
We help you explore different options available for tax debt relief so you can find the right solution for your unique financial situation.
We help you get on top of your student loan debt payments by answering the top questions about student loan debt, consolidation and forgiveness. Get answers to the most common questions about student loans.
Find answers to top questions about credit card debt, so you can understand how your debt works and find the best way to pay it off.
We help map your options for debt relief so you can find the right path to eliminate credit card debt and regain financial control. Should you consolidate, settle or set up a repayment plan? Compare your options now!
If you know how tax debt is incurred, you can avoid it.
If you’re facing collections from the IRS, we’ll explain how the process works so you can either avoid collection or find a way to handle it smartly.
If you’re struggling to cover basic living expenses, qualifying for CNC status can help you avoid being hounded by the IRS to collect unpaid tax debt.
We show you how installment agreements allow you to break a big tax debt problem into manageable monthly payments that work for your budget.
