Tax Debt: 3 Steps to Resolve Your Debt With the IRS
You can avoid many things in life â dishes in the sink, getting an oil change, yard work â but one thing thatâs unavoidable is tax debt. As of May 2022, 30.5 million individual 2021 returns were filed with taxes…
How I Ditched Debt: Becoming a Budget Obsessive
In this series, NerdWallet interviews people who have triumphed over debt using a combination of commitment, budgeting and smart financial choices. Responses have been edited for length and clarity. One night in February 2016, Christine Brown and her husband, Corbin,…
When Your Parents Die Broke: Can You Inherit Debt?
Can you inherit debt from your parents? Usually, the answer is no, but you may still have to deal with pushy debt collectors and youâll probably want to consult an attorney to handle the financial mess your parents leave behind….
How Much Bankruptcy Costs and How to Pay for it
Itâs a classic catch-22: Youâre in rough financial shape and need to file for bankruptcy. But between filing fees and the cost of hiring the right bankruptcy attorney, you could end up paying hundreds or even thousands of dollars to…
How Credit Counseling Can Help You
Nonprofit credit counseling agencies offer money advice, including some free assistance â no matter your financial situation. You might want their help if you’ve recently lost your job and are struggling to figure out your budget or want to explore…
Good Debt vs. Bad Debt: Know the Difference
Before you take on any debt, consider whether a car loan or new credit card will help meet your financial goals â or make them more difficult to accomplish. The type of debt you take on, along with its quantity…
How I Ditched Debt: Smart Solutions for âStupidest Decisionâ
In this series, NerdWallet interviews people who have triumphed over debt using a combination of commitment, budgeting and smart financial choices. Responses have been edited for length and clarity. Getting an MBA was the âstupidest decisionâ of Cameron Merrimanâs life….
Credit Card Experts Arenât Immune to Credit Card Debt
Anyone can end up with credit card debt. The important thing is what you do with it. NerdWallet’s Credit Cards content team talks about how they’ve dealt with their own credit card debt, the mistakes they’ve made in both running…
How I Ditched Debt: âWe Have Choices Againâ
In this series, NerdWallet interviews people who have triumphed over debt using a combination of commitment, budgeting and smart financial choices. Responses have been edited for length and clarity. Sally and Adam Cleary have a good life now. They own…
How I Ditched Debt: Thrifty Living and Side Gigs
In this series, NerdWallet interviews people who have triumphed over debt using a combination of commitment, budgeting and smart financial choices. Responses have been edited for length and clarity. Graduating from college during the Great Recession made getting a job…