Question: Dear Steve, I know you’ve sort of covered this question before. My ex-husband and I...
Latest Posts
Credit Card Debt Less of a Problem as Other Debt Grows
The latest Household Debt and Credit report is out for 2020 Q4. Aggregate household debt balances...
What Do I Do if I Don’t Get a 1099-C?
Question: Dear Steve, In 2020 I hired a law firm to help me settle six credit cards that I could no...
The IRS Cashed Her Check. Then the Late Notices Started Coming.
Kathy Brenneman hears plenty of taxpayer horror stories in her receptionist’s job at a tax...
Ask the Get Out of Debt Guy
How Do We Handle a 1099-C After a Bitter Divorce?
Question: Dear Steve, I know you’ve sort of covered this question before. My ex-husband and I...
What Do I Do if I Don’t Get a 1099-C?
Question: Dear Steve, In 2020 I hired a law firm to help me settle six credit cards that I could no...
I Settled an SBA Loan But Got a 1099-C Many Years Later
Question: Dear Steve, We found your website looking for help with a 1099-C (G) form we received. I...
Discover Dropped Their Lawsuit But a Collector Wants the Money
Question: Dear Steve, The Discover debt that I got sued for was dismissed by the court four years...
Credit Card Debt Less of a Problem as Other Debt Grows
The latest Household Debt and Credit report is out for 2020 Q4. Aggregate household debt balances...
The IRS Cashed Her Check. Then the Late Notices Started Coming.
Kathy Brenneman hears plenty of taxpayer horror stories in her receptionist’s job at a tax...
Politicians Want $50,000 in Student-Debt Relief: A Good Idea?
Top Democrats, led by Senators Chuck Schumer and Elizabeth Warren, are calling on President Joe...
9 Ways to Improve Your Financial Life
Like any goal, making it in life financially is a matter of developing good everyday habits. That...
Debt Relief Industry
Consumer Complaints Are a Chance to Shine or be in the Crosshairs
The new Acting Director of the Consumer Financial Protection Bureau is signaling what I’ve...
NACSO Credit Repair Lawsuit Not a Fave of CFPB and FTC
The National Association of Credit Services Organizations (NACSO) that had previously sued the CFPB...
DMB Financial Settles Trustee Suit for Debt Settlement Fees
I bet DMB Financial wishes they would stop appearing in newsworthy resources. A couple of months...
GreenPath Settlement Case Dismissed With Prejudice
As anticipated, the debt management nonprofit GreenPath has managed to terminate one of the recent...
Student Loan Bankruptcy Discharge
Do I Have to Include My Tax Return in My Adversary Proceeding?
Question: I am currently pursuing an adversary proceeding on student loans against the DOE, and...
Bankruptcy Judges Eliminates Federal Student Loans Without IDR...
Seth Koeut was born in Cambodia and came to the United States as a child. Like many immigrants, he...
A Bankruptcy Court Eliminates Grandmother’s Student Loans
Between 2006 and 2015, Jamie Mudd took out 41 student loans to attend Heald College, a for-profit...
Student Loan Debt Might Steal Your Inheritance
Jill Stevenson enrolled at Thomas M. Cooley Law School in 2002, but she never graduated. Although...
Student Loan Rescue or Assistance
Are the Scammers Now Getting Scammed?
American Financial Support Services was shutdown for bad acts by the Federal Trade Commission. They...
You Thought it Was Over. It’s Not Over with CFPB and...
Back in May the Consumer Financial Protection Bureau (CFPB) entered a stipulated final judgment and...
Student Loan Relief Operation Owes $107 Million to Consumers But...
It appears Premier Student Loan Center has come to an agreement with the Consumer Financial...
Court Rules in FTC’s Favor Against Student Debt Relief Scammers
The U.S. District Court for the Central District of California has ruled in favor of the Federal...
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Learning to Pay Yourself First
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Have 30 Minutes? Here’s How You Can Save Thousands
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The WORST Financial Advice of 2020
This year has been rough. And to make matters worse, some of the financial advice given out during...
Scam Alert
Some Tribal Payday Lenders Surrender After Fraud Allegations
The owners and operators of a vast payday lending scheme that overcharged consumers millions of...
What Is Cryptojacking? How to Detect Mining Malware
Cryptojacking is a type of cybercrime that occurs when hackers hijack the processing power of...
Home-Alarm Company Punished for Using Credit Scores for Pricing
The Consumer Financial Protection Bureau (Bureau) and the Arkansas Attorney General settled with...
Frank Financial Aid Warned to Stop Promoting Student Loan...
The Federal Trade Commission released a letter they recently sent to Frank Financial Aid to back...
