Debt Relief Articles
Fair Market Value (FMV)
Updated Jan 30, 2023
By Minh Tong
Fair market value (FMV) is the price at which an asset would change hands between a willing buyer and a...
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![Fair Market Value (FMV)](https://americor.com/wp-content/uploads/2023/03/pexels-rodnae-productions-8293750-1-min.jpg)
Refinancing
Updated Jan 30, 2023
By Aaron Sarentino
Refinancing is the process of obtaining a new loan to replace an existing one. The most common reasons to refinance...
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![Refinancing](https://americor.com/wp-content/uploads/2023/01/blog-images-15.jpg)
Insolvency
Updated Jan 30, 2023
By Melissa Cook
Insolvency refers to the state of being unable to pay debts as they come due. It is a financial term...
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![Insolvency](https://americor.com/wp-content/uploads/2023/03/pexels-nicola-barts-7926655-1-min.jpg)
Grace Period
Updated Jan 30, 2023
By Minh Tong
A grace period is a specified period of time after the due date of a payment during which a borrower...
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![Grace Period](https://americor.com/wp-content/uploads/2023/01/blog-images-16.jpg)
Debtor
Updated Jan 23, 2023
By Aaron Sarentino
A debtor is an individual or entity that owes money to another individual or entity. In the context of financial...
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![Debtor](https://americor.com/wp-content/uploads/2023/01/blog-images-20.jpg)
New Year, New Financial Habits: Top 5 Resolutions for 2023
Updated Jan 20, 2023
By Minh Tong
Achieving financial stability requires sacrifice and persistence. The beginning of a new year is always an ideal time to reflect...
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![New Year, New Financial Habits: Top 5 Resolutions for 2023](https://americor.com/wp-content/uploads/2023/01/18.jpg)
How Inflation Has Affected Credit Card Use by Region
Updated Jan 20, 2023
By Aaron Sarentino
More and more Americans are racking up credit card debt as the recent inflation pushes up the cost of living...
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![How Inflation Has Affected Credit Card Use by Region](https://americor.com/wp-content/uploads/2023/01/19.jpg)
What is the Medical Debt Relief Act?
Updated Jan 17, 2023
By Melissa Cook
It's no secret that healthcare costs in the U.S. have become staggeringly high over the last decade, making it difficult...
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![What is the Medical Debt Relief Act?](https://americor.com/wp-content/uploads/2023/01/pexels-karolina-grabowska-4386398-min-min-scaled.jpg)
What Is A Debt Collector?
Updated Jan 17, 2023
By Melissa Cook
A debt collector is an entity that tracks down and collects payments on overdue debts. A debt collector may be...
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![What Is A Debt Collector?](https://americor.com/wp-content/uploads/2023/01/pexels-kampus-production-8353790-min-scaled.jpg)
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