“This is a tremendous win for borrowers,” Winston Berkman-Breen, legal director for Protect Borrowers, told CNBC. (2) “The ...

A fraudulent student loan debt relief operation and its owners have been permanently banned from the debt relief industry and required to turn over all assets to resolve allegations that they misled ...

If you came into 2025 feeling the strain of debt, you weren't alone. By the end of 2024, consumers carried a record $18.04 trillion in debt, according to the Federal Reserve Bank of New York. Credit ...

Debt relief isn’t a quick fix for money problems. The process, also called debt settlement or debt resolution, involves paying a company to negotiate with your creditors in hopes of getting them to ...

On May 1, the U.S. District Court for the Northern District of Illinois ordered the former owner of a now-defunct debt-relief company to pay over $43 million in restitution and penalties. The order ...

A fee survivors of domestic abuse previously had to pay to ensure their abuser could not track their address on a government register is being scrapped. Survivors seeking a debt relief order (DRO) - a ...

On May 22, 2025, the FTC filed a proposed stipulated ord er in the District Court for the Middle District of Florida to resolve allegations that several individuals and the student loan debt relief ...