A new rule will prohibit a certain type of bad debt from appearing on ... In 2020, 46 million people had medical debt listed on their credit report. CFPB’s research showed that medical bills ...

An investor whose loan to a restaurant technology business became bad debt is asking a federal court in California to order the IRS to grant him nearly $1.84 million in combined tax refunds.

About $49 billion in bad debts will soon be removed from the credit reports of about 15 million Americans thanks to a new rule finalized by the Consumer Financial Protection Bureau (CFPB).

When I started writing this article last week, I said to myself: "This might be another article no one will believe." ...

The key difference between the old and the revised rules is around the approval processes for the settlement of loans.

Wrexham Council’s Executive Board has been challenged over £1.3m set aside to cover bad debts in social housing next year. The executive approved a Housing Revenue Account budget that included a 2.7% ...

a rare large deal in the GCC region for distressed debt. Sources familiar with the matter told Bloomberg that Deutsche Bank outbid other international candidates, including US hedge funds ...

Though estimates vary, as much as half the U.S. population reportedly carries medical debt. A similar proportion report facing difficulties affording medical bills. In 2021, 43 million Americans ...