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

India's Bandhan Bank said on Thursday it will sell off its non-performing assets and written-off portfolios through a bidding process with asset reconstruction companies.

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

From ketchup on hot dogs to politics, it can be hard to talk constructively about polarizing issues. On this episode of The Insightful Leader, we play a game to recognize the traps we often fall into ...

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 ...

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

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, ...

If your credit card or personal loan debt has spiraled out of control, which is the case for a lot of borrowers in today's economic climate, hearing that a creditor "wrote off" your balance might ...

Cash-strapped residents and businesses are set to benefit after eThekwini Municipality reinstated its Special Debt Relief Programme, offering a 50% write-off on arrears owed up to January 2025. The ...

The UK energy regulator proposes tackling the country’s massive household energy debt by writing off as much as £500 million ($659 million) in unpaid bills and spreading those costs across all ...

Twenty years ago, our son declared bankruptcy. As the years passed, he improved his credit rating. Recently, he lost his job and maxed out his credit cards. He now lives with us and doesn’t own a ...

Davidson Kempner Capital Management LP has acquired about $1.4 billion in bad debt from Abu Dhabi Commercial Bank PJSC, people familiar with the matter said, the second such transaction between the US ...