When financial distress becomes overwhelming, finding a way out can feel impossible. Two common paths—debt negotiation and ...

An examination of the different formulations and specific characteristics of payment-in-kind (PIK) interest, with a focus on ...

As MCAs grow in popularity, there is concern about an increase in companies claiming to negotiate MCA terms on behalf of business owners. While these services may seem appealing, they come with ...

Filing for bankruptcy could be a smart move in certain cases, but in others, debt relief could make more sense.

you may be able to negotiate with the debt collector to settle the debt for a reduced figure. Be sure to get any agreement in writing before making a payment. Consulting with an attorney who ...

Investors want a refund from Su-Mei Yen, who is also facing lawsuits over allegedly unpaid fees to a debt restructuring firm ...

As law firms and in-house teams embrace new technologies, poor planning risks additional expenses and headaches down the road ...

China's Country Garden expects to reach terms with creditors next month regarding the restructuring of $16.4 billion in ...

Speaker Mike Johnson (R-La.) in a Tuesday interview with The Hill’s Emily Brooks floated the possibility of working with ...

I spent many years as a bankruptcy attorney. It was a satisfying ... The good news is that if you have substantial debt, yes, it is quite possible to negotiate with your creditors and get them ...

C redit card debt has become a serious issue for millions of Americans. In late 2024, the total amount of U.S. consumer ...