Latest in Debt Bankruptcy
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Can credit card debt in collections be forgiven?
There are lots of ways to deal with credit card debt that's in collections — but is debt forgiveness one of them?Top stories - CBS News - November 7 -
Most Americans expect Trump to increase debt: Survey
A majority of Americans expect the national debt to rise under President-elect Donald Trump, according to a new Reuters/Ipsos survey conducted after the election. The poll found that 62 percent of ...Politics - The Hill - 6 days ago -
Most Americans Expect Trump to Increase National Debt
A Reuters/Ipsos poll shows a majority of people think the President-elect will drive the country further into debt, beyond its current $35 trillion level.Business - Inc. - 6 days ago -
Who will buy Infowars? Both supporters and opponents of Alex Jones interested in bankruptcy auction
The assets of Alex Jones' Infowars are set to be auctioned off next week, and both supporters and detractors of the conspiracy theorist are expressing interest in biddingTech - ABC News - 6 days ago -
Spirit may be at the end of its runway as Frontier talks break down, bankruptcy looms
Beleaguered Spirit Airlines reportedly is discussing its options with creditors as Frontier Airlines abandons merger talks.Business - MarketWatch - 2 days ago -
Spirit Airlines warns its equity would be wiped out if it reaches bankruptcy deal with its creditors
Spirit Airlines Inc.’s stock cratered 55% Wednesday, on track for its biggest-ever one-day decline, after the company warned that its equity would be wiped out as part of a restructuring deal that ...Business - MarketWatch - Yesterday -
Diamond Sports Group can emerge out of bankruptcy after having reorganization plan approved
Diamond Sports Group, the largest owner of regional sports networks, can emerge out of bankruptcy after having its reorganization plan approvedSports - ABC News - 5 hours ago -
Have $10,000 in credit card debt? Here's how much debt forgiveness could cover.
Pursuing debt forgiveness could substantially reduce the $10,000 credit card debt you're dealing with. Here's how.Top stories - CBS News - October 21 -
Have $15,000 in credit card debt? Here's what a debt forgiveness plan could cover.
If you're dealing with $15,000 in credit card debt, this type of debt relief could offer a reprieve. Here's how.Top stories - CBS News - October 22 -
Have $7,500 in credit card debt? Here's what debt forgiveness could cover.
Getting rid of $7,500 in credit card debt could be easier with the help of a credit card debt relief program.Top stories - CBS News - October 23 -
Have $25,000 in credit card debt? Here's what debt forgiveness could cover.
The right credit card debt forgiveness program could reduce your $25,000 credit card balance significantly.Top stories - CBS News - October 24 -
Have $50,000 in credit card debt? Here's what debt forgiveness could cover.
With a credit card balance that high, the right debt forgiveness program could help you save a substantial amount.Top stories - CBS News - October 25 -
Have $40,000 in credit card debt? Here's what debt forgiveness could cover.
The right debt forgiveness program could lead to hefty savings on a $40,000 debt. Here's how.Top stories - CBS News - October 29 -
Have $35,000 in credit card debt? Here's what debt forgiveness could cover.
If you're facing $35,000 in credit card debt, debt forgiveness could have a big impact on your balance. Here's how.Top stories - CBS News - October 31 -
What will a debt collector do if I can't pay old credit card debt?
There are a few different strategies debt collectors can use when you're unable to pay off what you owe.Top stories - CBS News - November 5 -
Bond investors position for new debt from Goldman Sachs and Morgan Stanley
Bond investors — who have sent spreads on the debt of the big U.S. money-center banks to their tightest levels of the year — are now positioning for new issuance, with Goldman Sachs and Morgan ...Business - MarketWatch - October 16 -
Holiday shoppers plan to spend more while taking on debt this season
Leaning on credit cards, or even buy now, pay later, to purchase holiday gifts will come at a high cost if there are missed or late payments.Business - CNBC - October 16 -
Trump Contends His Economic Policies Won’t Increase Federal Debt
In an interview with Bloomberg News, the GOP candidate denied his tariff plans would hike the deficit by $7.5 trillion, a widely accepted forecast among economists.Business - Inc. - October 16 -
Harris backs slashing medical debt. Trump's "concepts" worry advocates.
Health care experts are calling on lawmakers — and the next occupant of the White House — to help the millions of Americans grappling with medical debt.Top stories - CBS News - October 17 -
U.S. forgives $4.5 billion in student debt for 60,000 public employees
The Biden administration's latest round of relief should have borrowers learning of their canceled debt in coming weeks.Top stories - CBS News - October 17 -
Spirit Airlines extends debt refinancing deadline hours before expiration
Spirit Airlines on Friday again extended a deadline with its credit card processor to renegotiate more than $1 billion in debt.Business - CNBC - October 18 -
El Salvador commits savings from creative debt refinancing to river conservation
One of Central America’s longest rivers will be the primary beneficiary of El Salvador’s deal to refinance $1 billion of debt with support from the United States government, in the latest example ...World - ABC News - October 18 -
Debt will overshadow IMF gathering as World Bank boss pleads for poorest countries
In Washington, finance ministers will face pressure for action to reduce their own debt and offer more resources to poorer nations. Debt, and why governments need to reduce it, will top the agenda ...World - The Guardian - October 20 -
U.S. and Europe Agree to Finalize $50 Billion Ukraine Loan Backed by Russian Assets
Treasury Secretary Janet L. Yellen said an agreement was close. She also rebuked China’s lending practices and called for more debt relief.Business - The New York Times - October 22 -
Housing, Tariffs and Debt: Four Experts Debate How to Fix the American Economy
One set of writers on the left and another on the right lay out competing visions for what the next president should do.Top stories - The New York Times - October 23 -
Global public debt will hit $100 trillion by year-end, says IMF
The IMF warned of the risks posed by unsustainable public debt levels.Business - CNBC - October 23 -
‘King of debt’ Donald Trump needs to reassure the bond markets — now
Millions of investors are watching the value of their bond funds sag almost daily as concerns about the impact of Trump’s policies on the national debt grow.Business - MarketWatch - October 26 -
Chancellor to change debt rules to release billions for infrastructure spending
Rachel Reeves tells the BBC the change will allow the government to borrow more money - but cuts are still expected in her first Budget next week.Top stories - BBC News - October 25 -
Medical debt is hurting millions of credit reports — but now there’s a cure
Even responsible, prudent people can end up thousands of dollars in debt if they get sick or injured.Business - MarketWatch - October 26 -
Biden unveils new student debt plan for people with financial hardships
President Joe Biden's plans to forgive student debt have hit legal roadblocks. Now a new plan would look to help people experiencing financial hardships.Top stories - CBS News - October 25