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  2. What is debt forgiveness? - AOL

    www.aol.com/finance/debt-forgiveness-202301471.html

    Bankruptcy: You can file for bankruptcy, which in certain cases includes full or partial debt forgiveness. Balance transfers: You can consider taking out a personal loan or opening a zero-interest ...

  3. How Car Loan Charge-Offs Work - AOL

    www.aol.com/car-loan-charge-offs-171400504.html

    A car loan charge-off can stay on your credit history for up to seven years. However, this doesn't mean the collection agency or lender forgives the loan or will stop contacting you. You might ...

  4. How to Trade In a Financed Car: Everything You Need to Know - AOL

    www.aol.com/trade-financed-car-everything-know...

    For premium support please call: 800-290-4726 more ways to reach us

  5. Cancellation-of-debt income - Wikipedia

    en.wikipedia.org/wiki/Cancellation-of-debt_income

    A loan by itself is neither gross income to the borrower, nor a tax deduction to the lender. This is because there is "symmetry" of assets and liabilities on both side: the borrower's increased wealth when the loan is taken out is offset by an obligation to repay that same amount.

  6. Public Service Loan Forgiveness - Wikipedia

    en.wikipedia.org/.../Public_Service_Loan_Forgiveness

    The Public Service Loan Forgiveness (PSLF) program is a United States government program that was created under the College Cost Reduction and Access Act of 2007 signed into law by President George W. Bush to provide indebted professionals a way out of their federal student loan debt burden by working full-time in public service. [1]

  7. Should You Trade in Your Vehicle Before Buying a New One ...

    www.aol.com/finance/trade-vehicle-buying-one...

    “If your car is debt-free, the optimal time to sell your car is usually before its factory warranties expire, which for most new car warranties is at 36,000 miles or three years, and for ...

  8. How To Trade In a Car That Isn’t Paid Off - AOL

    www.aol.com/finance/trade-car-isn-t-paid...

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  9. Biden’s New Student Loan Forgiveness Program Announced - AOL

    www.aol.com/biden-student-loan-forgiveness...

    The new strategy comes months after the U.S. Supreme Court struck down an ambitious earlier White House plan that would have provided up to $20,000 in loan forgiveness per borrower. That plan ...