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Ghana has inked debt relief agreements with a significant proportion of its external creditors, triggering upward revision of its debt sustainability position.
Aims to pay liabilities of Rs1.49tr out of Rs3.6tr gas-sector circular debt
The ruling tems from a years-long class-action lawsuit over the federal borrower’s defense program.
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Saddled with high-rate credit card debt now? Here are three credible debt relief moves to consider this August.
One of the most significant institutional reforms in the field of private debt management will become fully operational on July 27.
When voters think of student loan forgiveness, they often picture executive actions and legal battles. Under President Biden, student loan debt relief efforts dominated headlines,...
BoP Director-General Nikolay Mladenov disputed the report, saying that "such a proposal has not been discussed, negotiated, considered, and will not be on the agenda in the future....
A federal appeals court rejected an 18-month delay, putting about $11 billion in canceled loans on a schedule for borrowers who were misled by schools.
The settlement resolves a years-long legal battle brought by borrowers who filed claims under the federal borrower defense program
If you're among the hundreds of thousands of student loan borrowers out there, long-awaited relief could be on the way.
Greece is set to introduce new debt settlement tools for outstanding obligations to the state, social security funds and financial institutions.
A years-long legal fight spanning three presidential administrations is delivering loan discharges, refunds and credit repairs to borrowers who accused
AADE data shows that the largest concentration of settled debts is found in the range from €500 to €10,000.
In the ancient world, debt forgiveness was a regular tool to control the economy. Why have we forgotten it?
The ruling stems from a yearslong class-action lawsuit over the federal borrower defense program.
Key parts of Trump's student-loan repayment overhaul are being targeted in ongoing lawsuits, including the elimination of SAVE and limits to PSLF.
Servicing costs fall by Rs1.2tr to Rs12tr in FY26; debt-to-GDP ratio also contracts
A higher than forecast primary budget surplus opens the way for a faster repayment of the country’s still enormous debt.
‘This is a huge accomplishment’
In most cases, creditors cannot later seek the forgiven portion of a debt if both parties execute a written settlement agreement
MacKenzie Scott is leading the charge in medical debt relief, having made groundbreaking donations that freed over $40 billion for families burdened by this often overwhelming resp...
The debt can feel like it hangs around for decades for some
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