Medical debt is a significant burden and crisis that keeps many Americans awake, and it shows no signs of abating for over 30 million Americans. Presently, individuals owe more than $190 billion, causing financial distress with negative consequences for their well-being. Sadly, as healthcare costs continue to rise, many are
Why can’t people get rid of student loans through bankruptcy now? Although not impossible, discharging student loans in bankruptcy is difficult. Due to a 1976 law, student loans are not treated during bankruptcy proceedings like other forms of debt, such as credit card debt or auto loans. This policy stems from
Recruiters speak with people seeking employment at a City College job fair last year. Ben Fractenberg/THE CITY BY Greg David and Suhail Bhat | MAY 18, 2023 Cash assistance and other public benefits are helping more New Yorkers weather an economic climate that’s still tough. In a worrisome sign,
It’s easy to find articles explaining the 10 or more areas on your credit report that impact your score. Generally speaking, these lists are not wrong. However, they can be overwhelming and complicate the topic. Where should you really focus your efforts? What will help you get the credit rating
By Carlton Ryan Credit card debt has ruined many lives. Falling too far behind on what you owe to a credit card company can lead to bankruptcy and financial destitution. Whether you’re trying to recover from mistakes you’ve already made with credit cards, or are a first time card holder
On the list of best Valentine’s Day activities, talking about money ranks just below washing the dishes and cleaning the floor, but unlike those household chores, discussing the way you feel about your finances just might save your relationship. You might not want to lead with those money matters –
CHICAGO,ILLINOIS/AUGUST 16, 2019: Sign indicates Bed Bath & Beyond store closing at 530 N State Street at River North neighborhood. (Shutterstock) By Lillian Rizzo, CNBC Bed Bath & Beyond is bulking up its team of legal advisors as the troubled retailer preps a potential bankruptcy filing that would take place
By Jessica Dickler, CNBC If you get paid biweekly as a W-2 employee, there are two months out of the year when you will receive three paychecks instead of two. Here’s how to plan ahead for those three-paycheck months. Many Americans are setting financial goals for the year ahead. An
By MacKenzie Sigalos, CNBC Core Scientific, one of the largest publicly traded crypto mining companies in the U.S., is filing for Chapter 11 bankruptcy protection in Texas early Wednesday morning, according to a person familiar with the company’s finances. The move follows a year of plunging cryptocurrency prices and rising
LOS ANGELES DECEMBER 2021-Entrance, Crypto.com Arena in December 2021 in Los Angeles. The name of Staples Center sports and entertainment arena, home of the Lakers, changed to Crypto.com Arena in Dec. (Shutterstock) By Rohan Goswami and MacKenzie Sigalos, CNBC Kris Marszalek wants everyone to know that his company, Crypto.com, is
