Debt Relief Articles
What does default mean?
Updated Dec 12, 2022
By Minh Tong
Default is the failure to repay a debt. When you default on a debt, it means you’re unable to fulfill...
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![What does default mean?](https://americor.com/wp-content/uploads/2022/12/default-scaled.jpeg)
Loan Forgiveness
Updated Dec 12, 2022
By Aaron Sarentino
Loan forgiveness is a type of debt relief program that allows you to have some or all of your student...
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![Loan Forgiveness](https://americor.com/wp-content/uploads/2022/12/loan-forgiveness-scaled.jpeg)
What is a Lien?
Updated Dec 12, 2022
By Melissa Cook
A lien is a legal claim that gives a lender or creditor the right to take and sell your property....
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![What is a Lien?](https://americor.com/wp-content/uploads/2022/12/lien-scaled.jpeg)
How To Pay Off Holiday Debt
Updated Dec 12, 2022
By Minh Tong
Holiday debt has become a significant problem in the US, with many Americans falling into debt due to their holiday...
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![How To Pay Off Holiday Debt](https://americor.com/wp-content/uploads/2022/12/holiday-debt-scaled.jpeg)
What is Debt Resolution?
Updated Dec 06, 2022
By Aaron Sarentino
This article will explain what is debt resolution and how it can save debtors from financial ruin and help you...
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![What is Debt Resolution?](https://americor.com/wp-content/uploads/2022/12/shutterstock_544507174-scaled.jpg)
What is Delinquent Debt?
Updated Dec 05, 2022
By Melissa Cook
Delinquent debt is a term used to describe debt that has not been paid on time, or even at all.
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![What is Delinquent Debt?](https://americor.com/wp-content/uploads/2022/12/delinquent-debt-scaled.jpeg)
What is Forbearance?
Updated Dec 05, 2022
By Melissa Cook
Forbearance is when a creditworthy borrower faces temporary hardship and is unable to meet their obligations, the lender may decide...
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![What is Forbearance?](https://americor.com/wp-content/uploads/2022/12/forbearance-scaled.jpeg)
Credit Card Debt Is Making a Comeback
Updated Dec 05, 2022
By Aaron Sarentino
US consumers continue to feel the impact of the current economic climate, leaning again on credit cards—as many did in...
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![Credit Card Debt Is Making a Comeback](https://americor.com/wp-content/uploads/2022/12/shutterstock_744970960.jpg)
Foreclosure
Updated Nov 30, 2022
By Minh Tong
Foreclosure is the legal process by which a lender repossesses a property from its owner when the borrower does not...
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![Foreclosure](https://americor.com/wp-content/uploads/2022/11/AdobeStock_27807450-scaled.jpeg)
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