Debt settlement, sometimes referred to as debt resolution, is a type of debt relief service that offers consumers a way to reduce the outstanding balance on their debt. The process involves ...

FASB’s accounting guidance for troubled debt restructuring by creditors would be eliminated for organizations that have adopted its credit losses standard, under a proposal the board issued Tuesday ...

FASB on Wednesday published a proposed Accounting Standards Update (ASU) on debt exchange transactions involving multiple creditors. The proposed ASU, based on a recommendation of FASB’s Emerging ...

Under longstanding Pennsylvania law, retirement savings vehicles like individual retirement accounts (IRAs), 401(k) and 403(b) accounts, pensions, and employee stock ownership plans (ESOPs) are ...

I recently heard that transfer-on-death, or TOD, bank and brokerage accounts and living trusts aren't legally protected from their owner's creditors after he dies. I know TOD accounts and living ...