Long-term debts of more than £200,000 from housing benefit overpayments and non-payment of council tax in Luton are due to be ...

When a credit card company agrees to accept less than the full amount you owe — say, $20,000 on a $30,000 balance — it’s called a debt settlement. The lender agrees to forgive the remaining $10,000, ...

For any loan account write-off, the banking institution must ensure the borrower is informed of the decision. This must be ...

Swiss bondholders are exploring ways to push for a settlement with UBS, after a court ruled that the SFr16.5bn write-off of ...

This instruction replaces the 19 October circular, which required banks to inform customers 30 days in advance.

Many Americans still let tax misconceptions influence their borrowing decisions, even though taxes should never drive major ...

“We haven’t been that adventurous in tackling some of our bad debt and have allowed them to accrue and we are seeing if we can write off some of our older debt so that people can see the wood from the ...

Jacobs Solutions is mispriced after GAAP-driven selling despite record backlog, rising margins, and double-digit EPS growth.

Get insights on why Nvidia's AI boom may signal market trouble and a bursting AI bubble. Learn what this means for the S&P ...

Financial regulators are sharpening their focus on the consumer credit market, warning that more Australians are going bust ...

The city is carrying over $2.4 million in past-due customer accounts, according to city spokeswoman Nancy Sarieh. As bad as ...

Quick Read Home equity loan interest is only tax deductible when funds directly improve the property securing the loan. The 2017 Tax Cuts and Jobs Act eliminated most HELOC interest deductions for non ...