Learn about tax attributes, which are reductions in tax credits, losses, and property basis when debt cancellation is excluded from taxable income.
Discover what a first mortgage is, its importance as a primary lien, key requirements, and tax benefits. Learn how it compares with a second mortgage and explore real-life examples.
Domestic abuse includes behaviors in intimate relationships, with laws in New York addressing these acts. Victims often face ...
Holiday spending was expected to be tempered this year but the latest data shows Americans aren’t slowing down, even with growing debt. The National Retail Federation said nearly 203 million U.S.
On December 19, New York Governor Kathy Hochul signed Senate Bill S1353A creating a new General Business Law article on “actions involving coerced debts.” The law is aimed squarely at survivors of ...
Forbes contributors publish independent expert analyses and insights. Pam Kaur covers fintech and bank tech innovation and regulation. U.S. consumers are expected to spend near record levels this ...
Tala Henry-Halabi has been repaying her student loans for some 40 years. She graduated from the University of South Florida in 1985 owing $9,924; now, at age 62, she owes more than she borrowed in the ...
Debt is rising nationwide and across nearly every lending category, as Americans grapple with recent policy changes as well as broader financial strains toward the end of 2025. In the third quarter of ...
With federal oversight in retreat, deep-pocketed collection companies are aggressively pursuing down-and-out consumers who are struggling with record levels of credit card debt. Meanwhile, consumer ...
OTTAWA--Household debt in Canada expanded slightly in the third quarter, even as Canadians accumulated financial wealth thanks to equity-market gains. The ratio of household credit market debt to ...
This article adheres to strict editorial standards. Some or all links may be monetized. The Trump administration has reached a new agreement with the American Federation of Teachers (AFT) that could ...
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