Latest in Statements Debt
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What happens if a debt collector sues you but you can't pay?
Being sued over old debt is stressful, but there are ways to resolve this issue, even if you're short on funds.CBS News - Jan. 17 -
Kristi Noem's opening statement at Senate confirmation hearing for Homeland Security secretary
Kristi Noem, President-elect Donald Trump's nominee for Homeland Security secretary, is before the Senate on Friday for her confirmation hearing. See her opening statement.CBS News - Jan. 17 -
Noem delivers opening statement: 'Border security must remain a top priority'
South Dakota Gov. Kristi Noem delivered her opening statement at a Senate confirmation hearing to serve as the secretary of the Department of Homeland Security. She told lawmakers that border ...NBC News - Jan. 17 -
Liam Payne's friend sues singer's dad for defamation over statements after death
Roger Nores has contested Geoff Payne's claims he "abandoned" the late One Direction singer.BBC News - Jan. 17 -
Biden admin announces last round of student debt relief
The Biden administration announced Thursday its final round of student debt relief, topping off the most loan forgiveness ever given in a presidency. The Department of Education announced it was ...The Hill - Jan. 16 -
What 11-word phrase can be used to stop debt collectors?
This simple phrase can be used with debt collectors to help stop their aggressive collection attempts.CBS News - Jan. 16 -
Can a debt collector take you to court after 7 years?
Time-barred debts will eventually fall off your credit report, but the debt collection attempts may not end.CBS News - Jan. 16 -
Washington Post rolls out new mission statement, keeping 'Democracy Dies in Darkness' slogan
The Washington Post is rolling out a new mission statement ahead of President-elect Trump's second term in the White House. The Post unveiled "Riveting Storytelling for All of America," as its new ...The Hill - Jan. 16 -
Lee Zeldin gives opening statement at Senate confirmation hearing for EPA administrator
Lee Zeldin, President-elect Donald Trump's nominee for administrator of the Environmental Protection Agency, had his Senate confirmation hearing Thursday. See Zeldin's opening statement.CBS News - Jan. 16 -
Tips for paying off debt
With nearly half of Americans carrying credit card balances month-to-month, CBS News business analyst Jill Schlesinger provides tips on how to pay down debt.CBS News - Jan. 16 -
A giant US hospital chain says it’s leading the fight against medical debt. Not all patients agree
Many patients say they were harmed by Advocate Health’s billing and collection practices – even as the health system has canceled thousands of liens against patients’ homes. Advocate Health, one of ...The Guardian - Jan. 16 -
Biden forgives $4.5 billion in student debt for 261,000 borrowers who attended now-defunct Ashford University
The Biden administration announced Wednesday that it would forgive $4.5 billion in student debt for 261,000 borrowers who attended Ashford University.CNBC - Jan. 15 -
Ex-England boss Eriksson died heavily in debt
Swedish football manager Sven-Goran Eriksson, the first foreigner to lead the England national team, died with debts of over £3.8 million ($4.64 million) following years of financial mismanagement.ESPN - Jan. 15 -
Dive boat survivors say they were pressed to sign statements they couldn't read
The group say their official witness statements were translated into Arabic by a boat company employee.BBC News - Jan. 15 -
3 credit card debt consolidation strategies worth considering now
You have lots of debt consolidation solutions to consider, but some could make more sense than others now.CBS News - Jan. 14 -
Biden says he helped get student debt forgiven for 5 million borrowers. Now it’s Trump’s turn to deal with the crisis.
The Biden White House took big swings at student-loan relief, but its efforts were complicated by opposition.MarketWatch - Jan. 13 -
Biden's total student debt relief passes $183 billion, after he forgives another 150,000 borrowers
In his final days in office, President Joe Biden announced that his administration would forgive student debt for more than 150,000 borrowers.CNBC - Jan. 13 -
Biden announces student debt relief for 150,000 borrowers, bringing total helped to more than 5M
The Biden administration announced Monday it was forgiving student loans for more than 150,000 borrowers, bringing the total number of individuals impacted by debt relief in President Biden’s term ...The Hill - Jan. 13 -
What credit counseling can (and can't) do to help with your debt
Before you take advantage of credit counseling, it may help to know what outcomes you can expect.CBS News - Jan. 13 -
Trump frustrated with GOP lawmakers over debt-limit quandary
President-elect Trump wants congressional Republicans to figure out a way to avoid a default on the national debt after venting his frustration with the Senate GOP over their failure to raise the ...The Hill - Jan. 13 -
House Republicans and Trump discuss tying California wildfire aid to debt ceiling
The current California fires could become the costliest natural disaster in U.S. history.Politico - Jan. 13 -
Debts on EY’s failed Project Everest took longer than expected to clear
Doomed spin-off plan still had $270mn outstanding at the end of the firm’s financial yearFinancial Times - Jan. 13 -
House GOP lawmakers raised alternative debt limit plays in huddle with Trump
President-elect Trump and House Republicans in favor of raising the state and local tax (SALT) deduction cap discussed lifting the debt limit in legislative vehicles other than the "big, beautiful ...The Hill - Jan. 12 -
More than a million student loan borrowers got debt forgiven in 2024. What to know at tax time
If your student loans were forgiven in 2024, you may be wondering if there are any tax implications.CNBC - Jan. 12 -
'No room for weakness' - Australia deliver statement win
Australia show they can win even with a below-par performance, sending England an early warning in the opening match of the Women's Ashes.BBC News - Jan. 12 -
House Republicans face massive debt problem
House Republicans have a problem. They want to pass a massive agenda for President-elect Trump, preferably in his first 100 days of office. And they don’t want to add to the federal deficit. That ...The Hill - Jan. 11 -
What happens if you don’t pay a medical bill, now that medical debt may not hurt your credit score?
Unpaid medical debt will no longer affect credit scores, according to a new rule from Biden administration regulators who want to mitigate the financial repercussions of those bills.MarketWatch - Jan. 11 -
Kings blocking out noise, make loud statement in win over Celtics
The streaking Sacramento Kings have turned a new leaf, all thanks to interim head coach Doug Christie getting them to block out the noise on and off the court.Yahoo Sports - Jan. 11 -
Can a debt collector refuse my settlement offer?
Negotiating a successful debt settlement could be a little more complicated than you'd expect.CBS News - Jan. 10 -
8 ways a credit card debt lawsuit can be dismissed
If you're being sued over delinquent credit card debt, there are a few ways you could get the lawsuit dismissed.CBS News - Jan. 10 -
UK debt market sell-off threatens mortgage pain for households
Some 700,000 borrowers face jump in repayments when fixed-rate deals end this yearFinancial Times - Jan. 10 -
What happens if you deny a credit card debt settlement offer?
There are times when it makes sense to deny a debt settlement offer, but there could be repercussions for doing so.CBS News - Jan. 9 -
How to pay less interest on credit card debt in 2025
There are multiple ways to pay less interest on your credit card debt this year. Here are five to explore now.CBS News - Jan. 9 -
Can you take out a HELOC with high credit card debt?
A HELOC is one of the most affordable borrowing options right now, but can you qualify for one with a lot of debt?CBS News - Jan. 8 -
What happens when you lose a credit card debt collection lawsuit?
A few different scenarios could occur if a judgment is issued against you for your old credit card debt.CBS News - Jan. 8 -
Nearly half of credit card users are carrying debt — it may take months, or years, to pay off
Nearly half of Americans are starting off the new year in the red. And of those carrying credit card balances, many say it could take years to pay off.CNBC - Jan. 8 -
5 important credit card debt relief moves to make this January
Certain moves may help you break free from credit card debt, experts say. Here are five to explore this month.CBS News - Jan. 8 -
Blake Lively, Justin Baldoni's lawyers issue new statements amid legal battle
Lawyers for Blake Lively have issued a new statement in support of the actress amid her ongoing legal battle with Justin Baldoni.ABC News - Jan. 8
