Debt Management

There are many ways to keep debt down and your credit score up. In Credit & Debt Management, topics include credit reports, bankruptcy, how credit cards work and new technology.


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How Do You Get a Copy of Your Free Credit Report?

U.S. Federal law mandates that you get a free credit report each year through a government website. But lots of copycat websites have sprung up offering the same information for a charge. How can you be sure you're on the right page?

7 Creative Strategies for Paying Off Student Loans

Think you'll never finish paying off your student loans? Here are some innovative ways to do just that.

After the Equifax Breach, Does Credit Fraud Monitoring Really Help?

Credit monitoring bureau Equifax was hacked and is offering fraud monitoring services for free. But experts say they're pretty useless.

How are secured claims treated in bankruptcy?

All of your debts are classified as secured or unsecured during a bankruptcy, which affects how they're discharged or repaid.

Does filing for bankruptcy hurt your credit score?

Filing for bankruptcy can provide you with relief, but it also has some lasting repercussions that can affect your financial future.

How do you calculate disposable income?

The amount of available income you have after taxes, or disposable income, makes all the difference in whether you can file for bankruptcy.

Can you get credit cards after being discharged from bankruptcy?

Some people end up filing for bankruptcy due to credit card debt, but that doesn't necessarily mean that you can't get a credit card again.

Can the trustee sell your exempt assets in bankruptcy?

Filing bankruptcy doesn't mean losing every single asset that you own; some of your assets may be considered exempt by the court.

What was the world’s largest bankruptcy filing?

People aren't the only ones who file for bankruptcy. Businesses, cities, and even countries sometimes get into insurmountable debt. But who takes the "prize" for largest filing?

How does median household income relate to bankruptcy?

If filing for bankruptcy seems like your golden ticket out of debt, it's time to learn about what's meant by median income and means testing.

How do you write a hardship letter to creditors?

If you get behind on your bills due to a specific life event, a hardship letter can help convince your creditors to help you get back on track.

How are unsecured claims treated in bankruptcy?

Deciding to file for bankruptcy is difficult enough. Now you have to figure out the terminology used to describe your debts.

How soon after bankruptcy can I buy a house?

After a bankruptcy, you're ready to move on financially — and that can include buying a house. But how long will your bankruptcy keep you from reaching your goal?

How do bankruptcies affect foreign residents?

U.S. citizens aren't the only ones who can file for bankruptcy in the U.S., but it sure can complicate things if you file and you're living in the country illegally or applying to become a citizen.

How can you protect certain assets from bankruptcy?

Getting a flu shot while you have the flu makes no sense, and so does planning to protect your assets after you've already entered into bankruptcy. Here's what to do beforehand.

How do I know if I should file for bankruptcy?

Here's one sign that you should start seriously considering filing for bankruptcy: You can't pay your bills. What are the others?

What is asset discovery in bankruptcy?

Have you ever wondered how courts find out about your expenses and income during bankruptcy proceedings? That's asset discovery in action.

Will bankruptcy keep me from getting a loan?

It's difficult, but not impossible. Ready to learn how you might secure a loan after a bankruptcy?

Will bankruptcy affect my student loans?

It isn't easy, but contrary to popular belief, there are ways to have student loans forgiven through bankruptcy.

Will bankruptcy affect my spouse’s money?

After one spouse declares bankruptcy, the other one could be left paying off the debts. Wait, really?

Where did the idea for bankruptcy come from?

Bankruptcy and debt collection have evolved quite a bit since the days of the Roman Empire. If you have mountains of debt, let's just say that you're glad you're alive now instead of then.

Will bankruptcy keep me from getting a job?

Current hiring trends and practices can create catch-22 scenarios for those looking for work post-bankruptcy. Could your career be affected?

10 Common Bankruptcy Questions

If you're lucky, you'll never have to know about bankruptcy. But sometimes, even lucky people get dealt bad hands. If you're wondering whether to declare bankruptcy, here are 10 things you should know before doing the deed.