Debt Relief Articles

Loan forgiveness is a type of debt relief program that allows you to have some or all of your student loans forgiven based on your employment, income level, and other qualification criteria.

A lien is a legal claim that gives a lender or creditor the right to take and sell your property. Read more about liens.

Delinquent debt is a term used to describe debt that has not been paid on time, or even at all.

Forbearance is when a creditworthy borrower faces temporary hardship and is unable to meet their obligations, the lender may decide to refrain from collecting on the debt. Forbearance allows the borrower additional time to...

Foreclosure is the legal process by which a lender repossesses a property from its owner when the borrower does not make payments on their loan.

A dependent is someone who relies on another individual for the financial support they need to meet their basic expenses. An individual can be a dependent of different people throughout their life, such as...

Debt is money that you owe to another person or company. It usually comes in the form of a loan, where you borrow money and then have to pay it back with interest.

Liquidation is a process in which assets of a company are sold off to settle its debts.

Interest rates are the cost of borrowing money. The amount charged for this loan is commonly referred to as the interest rate. Interest rates can vary based on several factors, including the amount borrowed...