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Bank Tax

Answers to 10 Tough Debt Questions

If getting out of debt and staying out of debt were easy, everyone would do it. With over $3 trillion in consumer debt outstanding, that's clearly not the case. Here are some answers to readers' most common questions on dealing with debt.Should I borrow from my 401(k) or IRA to pay off debt?By jumping ahead directly to solutions, you might end up solving the symptom but never addressing the cause of your problem. My suggestion is to fix today's problems with today's resources and look forward to a better life tomorrow. Read moreMy ex-spouse was assigned certain debts in our divorce, but is not paying and is ruining my credit. What can I do?If you are a joint owner on the account, the creditor is within its legal rights to attempt to collect the debt from you, and the charge-off for this debt will stay on your credit report. Ask your attorney about having the court hold your ex in contempt for not living up to his divorce decree. Read moreAre my Social Security benefits protected from b...

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  1. Gasparino: Bank tax is a job killer

    FBN’s Charlie Gasparino on concerns over regulation driving down employment.

  2. Despite Settlement, Demands to Repay Old Debt Resurface

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  3. Happily ever after with Trista Sutter

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  7. Can Creditors Drain Your Parents' Accounts, Too?

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