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2. What happens if you don’t pay your secured credit card bill?

   www.aol.com/finance/happens-don-t-pay-secured...

   That part is key: If you can’t keep up with the payments, the 0 percent APR will be nullified, and the fee you paid to transfer the debt (usually 3 to 5 percent of the balance) will be wasted.

3. What Happens if You Don't Pay a Debt? - AOL

   www.aol.com/news/happens-dont-pay-debt-172254611...

   Usually after 60 days of nonpayment, an unpaid debt will go to a debt collection company, hired by the company that's owed the money. The financial fallout could include a plunging credit score ...

4. What if I can't pay my important bills? - AOL

   www.aol.com/finance/2020-03-19-millions-of...

   “It's really important for your long-term financial stability to protect your credit score by either paying the bill on time, or if you absolutely can't, calling the company and working ...

5. How bankruptcy affects your mortgage - AOL

   www.aol.com/finance/bankruptcy-affects-mortgage...

   Type of bankruptcy. What it means for you. Chapter 7. Often referred to as liquidation, this type of bankruptcy means selling off your non-exempt assets to repay your debt.

6. There Are Two Sides to Every Debt - AOL

   www.aol.com/news/two-sides-every-debt-130500420.html

   But there are two sides to every debt: One party’s liability is another party’s asset. And we have a word for taking away people’s assets by force: robbery. And we have a word for taking ...

7. Tax debt relief: How to resolve your debt with the IRS

   www.aol.com/finance/tax-debt-relief-resolve-debt...

   Tax debt relief is a way the government helps you when you can’t afford to pay your tax bill. This comes in the form of a payment plan or a settlement in which the IRS agrees to settle your tax ...

8. Sovereign default - Wikipedia

   en.wikipedia.org/wiki/Sovereign_default

   A sovereign default is the failure or refusal of the government of a sovereign state to pay back its debt in full when due. Cessation of due payments (or receivables) may either be accompanied by that government's formal declaration that it will not pay (or only partially pay) its debts (repudiation), or it may be unannounced.

9. What Happens If You Can (Or Can't) Get a Tax Debt Settlement

   www.aol.com/happens-cant-tax-debt-settlement...

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