The Latest Debt & Finance Blog
Veterans indebted to the Department of Veterans Affairs won a partial payment reprieve this summer that will last at least through the end of 2020. The VA action extends a…
Many American businesses are disregarding President Trump’s order allowing them to temporarily stop withholding Social Security taxes from their employees’ paychecks. The plan, they say, is confusing and won’t produce…
If you’re considering a consolidation loan to sweep away credit card debt and lower your monthly interest payments, do it! There couldn’t be a better time. All you need is…
If you are unemployed and your job prospects are grim, March 11th was probably one of the better days you’ve had during the pandemic. That was the day federal unemployment…
Dorothy surely wasn’t thinking of life in a COVID-19 pandemic when she clicked those heels in the “Wizard of Oz” and opined that ‘there’s no place like home.’ But her…
COVID-19 has put a plug in the nation’s cash flow, forcing graduates to dig deeper into their pockets if they want to avoid drowning in student loan debt. The US…
Congress and the White House are still debating whether the HEALS Act, HEROES Act – or some compromise Act in between – will deliver the next round of coronavirus relief…
If you’ve lost your job due to the coronavirus crisis, your unemployment benefits are likely to decrease very soon. It’s just a question of how much. That will be decided…
When the House of Representative passed the $3-trillion HEROES Act on May 15, it all but guaranteed that a second stimulus check would arrive for Americans in need of financial help…
The storm is coming. American consumers will be filing personal bankruptcies in record numbers by the end of 2020. That is the projection from bankruptcy attorneys, bankers and other experts…
Sources:
- N.A. (2020, July 16) VA Suspends Collection of Benefit, Healthcare Debt. Retrieved from https://www.fedweek.com/armed-forces-news/veterans-eligible-for-debt-relief/
- Sisk, R. (2020, July 14) VA Partially Suspends Debt Collections on Veterans Through End of Year. Retrieved from https://www.military.com/daily-news/2020/07/14/va-partially-suspends-debt-collections-veterans-through-end-of-year.html
- N.A. (2020, July 9) VA Offers Debt Relief to Veterans Through Year’s End. Retrieved from https://www.va.gov/opa/pressrel/pressrelease.cfm?id=5485
- N.A. (2020, July 30) Pappas Bill to Reform VA Debt Collection Passes Committee with Unanimous, Bipartisan Vote. Retrieved from https://pappas.house.gov/media/press-releases/pappas-bill-reform-va-debt-collection-passes-committee-unanimous-bipartisan