If you’re exploring bankruptcy, that probably means your debt situation is serious. It can be really frustrating to find out that bankruptcy cases cost money. If you had money, you might not need ...
It's important to note that the Sol Beauty that has filed for Chapter 7 bankruptcy is the California company that makes ...
You might be able to negotiate debt settlement with your lender, either by yourself or with the help of a credit counselor or ...
Grand Slam Track, the track league founded by four-time Olympic gold medalist Michael Johnson, has filed for Chapter 11 ...
That's where the 2-4-6-8 rule comes in. This lesser-known guideline governs the waiting periods between bankruptcy filings, ...
The company will continue its normal operations and services during the reorganization process. Peoria Charter Coach filed ...
American Signature, Inc., parent company of American Signature Furniture and Value City Furniture, filed voluntary petitions ...
Connecticut Department of Consumer Protection officials are looking for customers of Massachusetts company who may have ...
It’s a financial situation that feels hopeless and scary: bankruptcy. Unfortunately, it is also a situation that an increasing number of Americans find themselves in. Dave Ramsey warns nearly 50% of ...
Opinion
Monterey Herald on MSNOpinion

Barry Dolowich, Tax Tips: Cancellation of debt income

If you borrow money (note: credit card debt is borrowed money) from a commercial lender and the lender later cancels or forgives the debt, you may have to include the cancelled amount as income ...