Discover what odious debt is, how it operates, and examples of its occurrence. Learn why successor governments may refuse to ...

Explore the definition of foreign debt, its rise, and economic impacts. Learn about challenges like debt crises and effects on growth and human rights.

In the second quarter of 2019, consumer debt in the United States rose to a record high of $13.86 trillion according to the Federal Reserve Bank of New York. As consumer debt rises in the United ...

On March 9, the U.S. Court of Appeals for the Ninth Circuit issued a split decision that considered whether a business that purchased and profited from consumer debts but outsourced direct collection ...

This is a case in which the more precise you think the statutory language is, the less obvious the right answer becomes. The question presented in Obduskey v. McCarthy Holthus LLP is whether the ...

On Wednesday, the Supreme Court unanimously affirmed the U.S. Court of Appeals for the 10th Circuit in Obduskey v. McCarthy & Holthus LLP, holding that parties who enforce security interests are not ...

The debt-to-equity (D/E) ratio is a financial metric that measures a company's financial leverage by comparing its total debt to shareholders' equity. It indicates how much debt a company uses to ...

Last week, Treasury Secretary Janet Yellen informed Congress that the United States had hit the debt ceiling. Because the statutory definition of debt includes money the government owes itself, Yellen ...

The Supreme Court wrestled Tuesday with whether federal regulations for debt collectors should extend to companies that purchase debts. Justice Elena Kagan wanted to know why Santander Consumer USA, ...