Having debt written off may sound like you're getting a clean slate, but it can come with lasting consequences.

Credit card debt doesn't just disappear, but after a certain point, your creditors may be forced to write it off.

A charged-off debt can seem like it's gone for good, but the reality behind what happens next may surprise you.

Twenty years ago, our son declared bankruptcy. As the years passed, he improved his credit rating. Recently, he lost his job ...

If you’ve been around closely held businesses long enough, you know that a transfer of money between a business and its owner, or between two related businesses, is sometimes characterized by the ...