Debt consolidation is usually better than bankruptcy for maintaining credit, especially if you have a steady income and can ...

Debt relief can trigger significant tax ... or keep documentation of your bankruptcy discharge to support your tax filing. The tax impact of debt forgiveness falls in the year the debt was ...

Tax relief is an avenue to explore if you owe more money in taxes than you can reasonably shoulder. One good way to reduce ...

This may take place through debt settlement, bankruptcy discharge, student loan write-down, foreclosure or other debt forgiveness. The IRS is very interested in canceled debt. Here's why.

If you're deep in debt, bankruptcy can help wipe the slate clean, but it's not the only option worth weighing.

Read U.S. News' review of best debt settlement companies and compare interest rates, fees and terms to find the best option ...

While settling debt is better than not paying or filing for bankruptcy ... and increase your tax obligation, so consult a tax professional before moving ahead. Debt relief companies can charge ...

Credit card debt has a way of sneaking up on people, especially in today's high-rate environment. One month your card balance is a few hundred dollars, which is manageable enough for the average ...

The study argues implicit bias from court officials is part of the problem in Chapter 13 cases. The head of a trustees group doesn’t agree.

But here's the tricky part: Not all tax debt relief strategies are created equal, and choosing the wrong one could cost you more money — or leave you stuck in a drawn-out process that doesn't ...