Failing to finish a debt settlement program can undo your progress and may even leave you worse off than before.

The Business Recovery and Insolvency Practitioners Association of Nigeria (BRIPAN) has provided specialised training for staff of the Nigeria Deposit Insurance Corporation (NDIC) on personal ...

The government budget is the nation’s key economic policy document — the primary instrument through which a state translates ...

Experts say the objective of the RBI’s new collection standards is to prevent harassment and unethical recovery practices ...

In July, Ethiopia reached a memorandum of understanding with the Official Creditor Committee that provides $2.5 billion in debt relief through fiscal year 2028. The agreement includes a 12.5% present ...

When debt feels overwhelming, it can be hard to imagine how any general one-size-fits-all advice can lead to financial freedom. Financial therapists suggest that a relationship with money is ...

World Bank President Ajay Banga on Friday stressed the need to increase transparency in debt restructuring processes to give ...

Not all debts qualify for settlement, but knowing which ones are excluded can help you plan your payoff strategy.

Progress included bondholders agreeing to a 15% writedown, known as a haircut, on their loans and a so-called "Value Recovery Instrument" that would allow them to recoup lost money if Ethiopia's ...