Even though you might be aware of how to budget your monthly expenses and avoid debt, there’s more to financial security than that. Right off the bat, you can start by establishing the difference between financial security and financial stability. Having financial stability means that you can pay off your
By Lindsey Appleyard | November 13, 2023 | The Conversation Credit is an everyday, and often essential, part of young people’s lives. Gaining access to credit for the first time is an important transition to adulthood that can enable you to study, earn and invest in your future. Previously, most people’s
Listen to our bankruptcy podcast here. It may seem like there is never a good time to file for bankruptcy, but with the holidays sneaking upon us, it may seem like now is one of the worst times. If you’re struggling financially, money can be the last thing you want
The US has approximately 2.5 million people in prison at any given time. While most of them have no significant assets that they would need to manage while away, a few do get snatched away in the middle of a full financial life – mortgages, businesses, outstanding credit card dues
Student Loan Borrowers are Reminded to Only Use Trusted Government Websites and Not Respond to Unsolicited Offers of Student Loan Relief or Assistance Secretary Rodriguez: “To protect yourself from falling victim to a scam, I urge all New Yorkers to read our tips, stay up-to-date with trusted information and remain
Teens applying to colleges easily assume that student loans are a great way to pay for the expenses involved. They simply don’t see how terrible the risks involved are. These loans are very hard to repay. The US has 7 million student loan defaulters. If they were to form a
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
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 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
