Tag #Debt Relief

Showing 73 to 84 of 108 results

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Bankruptcy and Credit Card Debt: When It Works and When It Doesn't

Chapter 7 and Chapter 13 bankruptcies can eliminate or significantly reduce credit card debt, but recent luxury purchases or fraudulent activity may prevent discharge; the bankruptcy remains on credit reports for 7-10 years.

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44% Bias Score

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elpais.com
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Spain's Debt Swap Improves Healthcare in Mauritania

Spain's debt-for-development program in Mauritania provided a new CT scanner and training, improving healthcare and impacting 15 patients daily, illustrating a broader global initiative to alleviate debt burdens and advance development goals, while acknowledging limitations such as scale and transac...

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52% Bias Score

No Poverty
cbsnews.com
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Rising Inflation Fuels Credit Card Debt Crisis in America

High inflation and rising costs are pushing more Americans into credit card debt, with average interest rates approaching 23%, creating a cycle of debt; however, various debt relief strategies can help.

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44% Bias Score

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jpost.com
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Egypt Rejects Lapid's Gaza Plan

Opposition Leader Yair Lapid proposed a plan for Egypt to manage the Gaza Strip for 15 years in exchange for $155 billion in debt cancellation, but Egypt rejected the proposal, citing its inconsistency with the Arab position on Palestinian statehood and raising concerns about its security implicatio...

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56% Bias Score

Peace, Justice, and Strong Institutions
cbsnews.com
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US Credit Card Debt Reaches 12-Year High

A recent report reveals that 11% of US credit card holders made only minimum payments in Q3 2024, a 12-year high, coinciding with record $645 billion in revolving credit card balances and a surge in seriously delinquent payments, indicating a worsening consumer debt crisis.

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52% Bias Score

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cbsnews.com
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Bankruptcy: Long-Term Consequences and Alternatives

Filing for bankruptcy offers debt relief but carries long-term credit and financial implications; understanding different bankruptcy types, nondischargeable debts, and alternative options is crucial before deciding.

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48% Bias Score

No Poverty
theguardian.com
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Ohio's Aggressive Medicaid Estate Recovery Traps Widow in Medical Debt Crisis

Susan, an Ohio resident, faces a $264 Medicaid debt after her husband's death, despite initial assurances the bill was settled, highlighting the state's aggressive estate recovery process and the broader US medical debt crisis impacting millions.

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44% Bias Score

No Poverty
elmundo.es
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Andalusian PSOE Faces Internal Conflict Over National Policies

In Andalusian Parliament, the PSOE's new spokesperson, María Márquez, faced sharp criticism from regional president Juanma Moreno over the national government's debt relief deal with Catalonia and immigration agreement, exposing internal party conflicts and highlighting the challenges of balancing n...

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68% Bias Score

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cbsnews.com
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Credit Card Debt Relief Strategies for Seniors

Many seniors face the challenge of credit card debt in retirement; debt relief options include hardship programs, debt management plans, balance transfers, and debt settlement, each with advantages and disadvantages impacting credit scores and long-term financial health.

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24% Bias Score

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elmundo.es
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Valencian Government Rejects Spain's Uneven Debt Relief Plan

The Spanish government's debt relief plan, announced after negotiations with Catalan separatists, is facing criticism from the Valencian regional government, which considers the allocated 11.210 million euros insufficient and unfairly distributed, highlighting deep-seated inequities in regional fina...

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64% Bias Score

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cbsnews.com
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IRS Tax Forgiveness: Requirements and Alternatives

The IRS Offer in Compromise (OIC) program allows taxpayers to settle tax debt for less than the owed amount; eligibility requires current tax filings, demonstrated financial hardship, and not being in bankruptcy; approval isn't guaranteed.

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36% Bias Score

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forbes.com
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CFPB's Medical Debt Rule: Potential for Unintended Consequences

The CFPB finalized a rule eliminating \$49 billion in medical debt from 15 million Americans' credit reports; however, this action may have unintended consequences, including degraded lending standards, higher healthcare prices, and reduced credit access for low-income individuals.

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56% Bias Score

Reduced Inequality

Showing 73 to 84 of 108 results