Debt Relief Articles

Insolvency refers to the state of being unable to pay debts as they come due. It is a financial term that is often used to describe a company or individual that is facing financial...

A grace period is a specified period of time after the due date of a payment during which a borrower can make the payment without incurring any additional charges or penalties...

A debtor is an individual or entity that owes money to another individual or entity. In the context of financial transactions, a debtor is a person or organization that has borrowed...

Achieving financial stability requires sacrifice and persistence. The beginning of a new year is always an ideal time to reflect on your financial goals and make resolutions to improve...

More and more Americans are racking up credit card debt as the recent inflation pushes up the cost of living nationwide. Read this article to understand the correlation between inflation...

It's no secret that healthcare costs in the U.S. have become staggeringly high over the last decade, making it difficult for the average person to afford and pay off medical debt...

A debt collector is an entity that tracks down and collects payments on overdue debts. A debt collector may be an attorney, a credit collection agency, or even the original...

A creditor is any person or organization to whom money is owed. This can include banks, individuals, businesses and government entities. When a consumer takes out a loan...

A 401(k) is a retirement savings plan sponsored by an employer. It lets workers save and invest a piece of their paycheck before taxes are taken out. Taxes aren't paid until...