Understanding the difference between gross pay and net pay will help you take more control of your finances. Read this CapWay article to learn the difference between the two.

If you fail to make payments, creditors will attempt to recoup the funds owed. If approved, creditors can freeze your bank account and withdraw funds directly. With a bank account levy in place, your options are limited.

Bankruptcy is a debt relief procedure in which a bankruptcy court is used to relieve a debtor's obligation to pay off all or part of their debts. Here's how the bankruptcy process works.