The problem of inheritance: what happens to the mortgage after the death of the borrower

According to a report from the Federal Reserve Bank of New York, Americans have $12,35 trillion in home loan debt, accounting for 72,4% of all consumer debt in the country. With so much debt associated with decades-long mortgages, many borrowers are unfortunately leaving…

Biden administration writes off $39 billion in student debt to more than 800 borrowers

The administration of US President Joe Biden announced on July 14 that it would automatically write off $39 billion in student debt for 804 borrowers. More about this was told by CNBC. This is the result of adjustments to income-focused student loan repayment plans. According…

How to find and retrieve your unclaimed money in the USA

The author of this article, consumer technology radio show host Kim Komando, claims to regularly help Americans effortlessly reclaim the money that is rightfully theirs. Kim told USA Today how to do this. Next - from the first person. IN…

Imbued with sympathy: the American paid the debts of the inhabitants of the Russian hinterland

A resident of New Mexico, Audrey, closed the debt of Russians who borrowed food from the Hali-Gali store in the village of Vedlozero (Karelia), Tjournal reported. Audrey learned about Christina and Ivan from the material "The Debt Book of Fates". The American wrote to the author of the material, Evgenia Volunkova, that she admires the generosity of the owner of the store ...

The most expensive house in the USA will be sold three times cheaper due to the owner's debt

The most expensive home in America is up for sale at three times its market value due to the insolvency of its owner. The house was seized from him on a debt of $ 165 million, according to CNBC. According to court records, a mega-mansion in Los Angeles that should ...

How to find out if you have a collection debt

If you are late on your credit account payment, it may have been transferred to a debt collection agency, which will worsen your credit history. How to find out if you have a debt in a debt collection agency, and how to solve this problem, he said ...

'Debt for life': US residents have not paid billions of dollars in rent

Throughout the spring and early summer, a set of federal, state, and local eviction bans allowed tenants to stay in their rental units. During this time, people owed $ 21,5 billion, writes Fox Business. This amount was formed due to the fact that people stayed en masse ...

How 10 years to launch a satellite for $ 300 million and not do it: instruction from Ukraine

10 years ago, Ukraine borrowed more than $290 million to build the first Ukrainian telecommunications satellite, Lybid. It was planned that it could be launched into orbit already in 2011, but something went wrong: the cost of the project is constantly growing, but the satellite is going nowhere...

In Maine, a man pretended to be dead, so as not to pay debts for rental housing

A tenant in Fort Kent, Maine is arrested after pretending to be dead in front of a landlord who has come to collect rent. Bangor Daily News writes about it. The owner of the Main Street apartment called the police when he discovered that his tenant, 28-year-old Ted Zarins, was not ...

The court will cancel the debts of American students on 150 million dollars

The Department of Education said it was canceling student debts of 15 borrowers, implementing an Obama-era rule that it wanted to block for more than a year. Debts written off will amount to about $ 000 million, CNN reports. The rule, known as Repayment Protection for Borrowers, was designed to ...

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