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It's no secret that millions of Americans are struggling to keep up with their student loan payments. It's not just recent graduates or young people who are dealing with this problem. In the U.S., according to Forbes: As a category, student loan debt is now second...

According to NPR News, the Weinstein Company Holdings LLC is filing for bankruptcy. In the aftermath of disgraced Hollywood mogul Harvey Weinstein's rapid downfall, the production company, founded by Weinstein and his brother, has not been doing well. So how does this...

No individual or business is immune to financial struggles and problem debt. Recent news about Remington Outdoor Company, the famous gun maker founded in 1816, filing for bankruptcy illustrates the point. Why does a 200-year-old company decide to address its debt...

Most of us would like to have more stuff, enjoy a more luxurious life and take nicer vacations, but there's one problem: We don't have enough money to get and do all the things we may want. Living beyond our means, whatever they may be, can lead us into serious...

Every homeowner wants to pay their mortgage on time. But things can happen to us that cause financial trouble and make it difficult to stay out of problem debt. Illness, divorce, job losses and business problems are examples of hardships that can lead to missed...

One of the worst things about being in debt is having to deal with harassment -- and embarrassment -- from creditors and the bill collectors who work for them. From threatening letters to nasty phone calls, this harassment can be very stressful, especially when you...

We’ve talked about celebrity bankruptcies in previous blog posts. Many of our readers like this topic because it illustrates clearly that we all go through hard times in our lives. It normalizes and validates their experience of stress and anxiety as it relates...

No one is immune to financial problems, even the wealthy. If you are struggling with debt you can't afford, and you're considering a Chapter 7 or Chapter 13 bankruptcy as a means of relief, not only are you not alone -- you are in incredible company! The list of...

Back taxes can be very problematic. Being in debt with the IRS -- or a state, county or municipal authority, for that matter -- can lead to miserable consequences like payroll garnishment, liens and bank levies, sometimes when you least expect them. If you have...

It's incredibly stressful to live in fear of imminent foreclosure. If you're behind on house payments, your mortgage servicer may have started the hostile letters and aggressive talk about selling your house out from under you. You may be terrified about what this...