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Chinese real estate developer Kaisa announces debt restructuring plan

Kaisa Group Holdings Ltd.'s City Plaza development under construction in Shanghai, China, on Tuesday, Nov. 16, 2021.Qilai Shen | Bloomberg | Getty ImagesBEIJING — Chinese real estate developer Kaisa announced Thursday plans for paying back investors, temporarily alleviating concerns about a default as...

Medicaid Debt Can Cost You Your House

Images above: Tawanda Rhodes believed she would inherit the home her parents had bought in Boston’s Dorchester neighborhood in 1979. Then she received a letter from her state’s Medicaid program. Updated at 12:45 p.m. ET on September 23, 2019.The folded American flag from...

Household debt total passes $15 trillion for the first time

U.S. dollar banknotes are seen in this photo illustration.Jose Luis Gonzalez | Illustration | ReutersHousehold debt passed $15 trillion for the first time in the third quarter, as rising prices pushed up balances for homes and autos, the New York Federal Reserve reported...

Paying Off Debt Is a Guaranteed Return

Today we are talking about whether it is better to pay off debt or invest. Like most financial questions, the answer is: it depends. We discuss what to do if you have a chunk of money sitting in a savings account and what...

What Happens to Private Student Loan Debt If You Die?

By Dr. James M. Dahle, WCI Founder A surprising number of people don't refinance their federal direct student loans because they are worried they will lose the death and disability protections available in that system. So, let's talk about it.   Are Student Loans Forgiven If...

Medicaid Debt Can Cost You Your House

Images above: Tawanda Rhodes believed she would inherit the home her parents had bought in Boston’s Dorchester neighborhood in 1979. Then she received a letter from her state’s Medicaid program. Updated at 12:45 p.m. ET on September 23, 2019.The folded American flag from...