Debt

What happens after you pass away? Nobody knows for sure, but one thing is certain: you will no longer have to worry about paying your expenses. It’s a different story for your survivors. Will they be in charge of paying off your credit card debt? No, in the vast majority of cases. Any credit card […]

One of the most critical public policy challenges is the national debt level. Debt can be utilized to promote a country’s long-term growth and prosperity when used properly. The national debt, on the other hand, must be assessed properly, such as by comparing the amount of interest expense paid to other governmental expenses or by

According to Dimo Michailov, an immigration attorney in Washington, D.C., “normally, the United States does not look at credit” when reviewing visa applications. If a poor debt ends up in court, it’s normally a civil matter that doesn’t have to be made public. It would be a different story if there was criminal behavior involved,

Begin by obtaining a free copy of your credit report and FICO score from Experian Boost >> How a single mom paid off 77000 in debt? Love, the creator of the renowned personal finance site The Budget Mom, noticed that budgeting for each paycheck rather than the full month made it much easier to manage

The debt is either a federal or a state tax debt. Other taxes, such as fraud fines and payroll taxes, are unaffected by bankruptcy. To put it another way, the obligation must be a regular tax payment payable to the state of Wisconsin or the federal government. Will filing bankruptcy stop IRS debt? During your

While credit card debt is a common reason for bankruptcy, you cannot file for bankruptcy solely on the basis of credit card debt since the law requires all of your debts to be disclosed in the bankruptcy forms. Because bankruptcy can wipe your credit card and other unsecured debts, it can often leave you in

Stock prices can fall for a variety of reasons, including big scandals, layoff announcements, and bad financial quarter performance. When stock prices fall, so does the total value of an investment. Stock Price Decline Example You purchased one share of Company ABC for $10, and after a week, the price had dropped to $8. This

You can’t go to jail today for not paying a “civil debt,” such as a credit card, loan, or medical bill. If you don’t pay your taxes or child support, you may be sentenced to prison. The use of prison to punish destitute criminal defendants who fail to pay court costs and fines as part

Is there a quick answer? As an immigrant to the United States, you cannot be deported for debt. However, debt can harm you in other ways. Here’s all you need to know about how debt affects your new life in America – and your immigration status. Can you financially emigrate if you have debt? Yes,

With the recent election results in the United States, there has been a lot of chatter about people coming up here to the Great White North for some poutine rather than staying in the United States. On election night, Canada’s immigration website even crashed owing to a rush in traffic! If you’ve set your sights