Can the IRS garnish your wages? If you owe back taxes to the Internal Revenue Service (IRS), they can garnish your wages. But ...

Freedom Debt Relief reports that negotiating credit card debt can lead to lower payments, waived fees, or partial forgiveness ...

Key Takeaways Commercial debt collection agencies typically charge contingency fees ranging from 15% to 50% of ...

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Since the start of 2023, Nevada has written off more than $106 million in so-called “bad debt,” meaning state officials have deemed it impossible or impractical to collect, according to a Nevada ...

A 52-year-old faces a financial crisis with a plummeting credit score and mounting debt collections. Caleb Hammer breaks down the numbers and discusses the impact. Opinion: The dog that didn’t bark on ...

Holiday spending was expected to be tempered this year but the latest data shows Americans aren’t slowing down, even with growing debt. The National Retail Federation said nearly 203 million U.S.

Saks Global is preparing to file for bankruptcy in the coming weeks after missing a debt payment tied to its Neiman Marcus acquisition, The Wall Street Journal reported on Wednesday, citing people ...

A new study suggests that distressed borrowers using a simpler bankruptcy process are succeeding — and that more people like them should try. By Tara Siegel Bernard Student loans have long been ...

The Trump administration will begin to seize student debt repayments from the wages of borrowers in default early next year, the US Education Department said Tuesday, a long-promised move that ...

Having watched Chicago’s City Council rebel against his budget and pass its own, Mayor Brandon Johnson is now focused on the matter of how (and if) the city collects its past-due debts. Going forward, ...