Struggling With Debt? Bankruptcy Can Provide a Second Chance.

Many people who should consider filing for bankruptcy avoid doing so out of shame or fear it could ruin their credit. But it can provide much-needed relief.

Topics

My friend declared bankruptcy. Can creditors still go after him for child support, back taxes and student debt?

“Most of those old debts are credit-card debts.”
MarketWatch - 55m
A Second-Rate Crime Gets a Second-Rate Pardon

At least Joe didn’t make Hunter ambassador to a major international ally.
The New York Times - 20h
What’s at stake with a second Trump presidency – in charts and maps

Conflicts around the globe and domestic policies on immigration and vaccinations are likely to face upheaval. The second Donald Trump administration is expected to have a vast impact both ...
The Guardian - 5h
3 reasons to consider credit card debt forgiveness this December

This month could be an ideal time to settle your credit card debt for less than what you owe. Here's why.
CBS News - 22h
FirstFT: Critics see chance to close US accounting regulator

Also in this newsletter, Nato’s new chief warns of ‘dire threat’ of a bad Ukraine peace deal and China hits back against chip sanctions
Financial Times - 11h
World Bank Warns of Record Debt Costs for Developing Countries

The World Bank warned in a new report that poor countries will be stuck in economic “purgatory” without debt relief.
The New York Times - 2h
Jets are sticking with struggling Aaron Rodgers as their starting quarterback

Aaron Rodgers will remain the New York Jets’ starting quarterback despite speculation the team could bench him in what has been a disappointing season
ABC News - 1d
LeBron's jumper is off, and the Lakers are struggling on offense

LeBron James is in quite the shooting slump, especially from long distance
ABC News - 10h
'Wrong,' 'unwise': Senate Democrats rebuke Biden over Hunter pardon

Multiple Senate Democrats have rebuked President Biden's decision to pardon his son Hunter Biden, calling it improper and saying it risks further eroding trust in government. “President Biden’s ...
The Hill - 21h
Musk's record $56bn pay deal rejected for second time

The judge upheld her previous decision, saying board members who set the pay were too heavily influenced by Mr Musk.
BBC News - 8h