But the ones that apply to most people with personal ... taxes on debt forgiveness. But if your creditors forgive $30,000, you'll owe tax on the extra $10,000. The IRS has a handy sample worksheet ...

If you're struggling with unsecured debt — credit card bills, personal loans ... The CFPB has sample letters you can use to begin the process. It also suggests creating a budget to see what ...

Having a portion of your debt forgiven can offer big relief, but it's not the only debt relief route you can take.

That doesn't mean you're out of luck if you want to settle your personal loan debt for less than what's owed, however. Debt relief comes in many forms, and while outright forgiveness of personal ...

Here’s what to know about the current status of the different federal student loan forgiveness opportunities under the Trump ...

By Glenn Peoples MSG Networks, a subsidiary of Sphere Entertainment Co., was able to negotiate a reduction in debt and the fees it pays to MSG Sports to broadcast professional basketball and ...

Many of those borrowers remain in a forbearance that doesn’t bring them closer to debt forgiveness, while the Trump administration recently revised other student loan repayment plans to no ...

IRVINE, CALIFORNIA / ACCESS Newswire / April 14, 2025 / With tax season in full swing, terms like "debt forgiveness" and "IRS settlement" are everywhere, especially in ads promising to erase tax ...

At 35, Aubrey Bertram was looking forward to a major financial milestone: erasing more than $247,000 in student loan debt. But with just 29 months left until forgiveness, her progress has come to ...