Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Bankruptcy exemptions determine what property you can keep, so knowing these limits is crucial before you file.

What Is a Bankruptcy Discharge? A bankruptcy discharge is a legal order that releases a debtor from the personal liability of certain types of debts. If your bankruptcy has been discharged, it means ...

A newly minted lawyer is bringing suit over debt incurred to prepare for her bar exams. Boca Raton attorney Verhonda Williams said she struggled to find work after graduating law school in 2011 and ...

The Ninth Circuit, affirming the Tax Court, recently held that to deduct a nonbusiness bad debt, the debt must be “wholly worthless,” and if the debtor reports cancellation-of-debt (COD) income, the ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. Many people believe they will walk away ...

People with private student loans have been struggling during the pandemic. Their loans aren't eligible for the government's penalty-free repayment pause, which is in effect until at least Oct. 1 for ...

A bankruptcy judge in Buffalo has wiped out the $56,299 debt of a woman who borrowed $16,900 25 years ago for an education she never completed. A bankruptcy judge in Buffalo has wiped out the $56,299 ...