A debt death spiral is that part of the cycle when the debtor needs to borrow money in order to pay debt service, and it accelerates' ...

The statute of limitations also plays a critical role. Each state sets time limits on how long a creditor can sue you for ...

"When debt and debt service rise relative to your income, it’s like plaque in the arteries that then begins to squeeze out the spending," Dalio stated. He explained that as governments are forced to ...