Retired and in credit card debt? Here's what you can do. Getting out of credit card debt may not be a speedy process, but ...

A fair credit card debt settlement is typically somewhere between 50% and 70% of your outstanding balance, though settlements ...

Chapter 7 bankruptcy offers relief from your debt, but the limitations of this approach can impact your finances.

Once a fast-growing cloud management startup with millions in revenue, Vega Cloud has entered receivership, saying it can no ...

You may have a legal obligation to repay old debts, but there are also strict limits on debt collectors' tactics.

High-end department store conglomerate Saks Global filed for bankruptcy protection late on Tuesday, barely a year after a ...

The increase in bankruptcy filings comes as Americans face a slate of economic pressures, from sticky inflation to elevated ...

Overall, American household debt — which, aside from credit card debt, includes mortgages, car loans and student loans — is ...

The parent company of Saks, Neiman Marcus and Bergdorf Goodman struggled with debt, designers and customers in recent years.

For many people carrying high-interest debt, debt consolidation is often the first strategy they consider. This may involve a ...

The Saks bankruptcy story illustrates how government policy married to central bank mechanizations incentives bad decisions.

A year after merging, Saks Global is weighed down by debt, weak luxury demand and vendor pullbacks, raising Chapter 11 risks.