Are all debts forgiven after seven years?

The relationship between your debt, your credit report and your legal responsibility is more complicated than most borrowers realize. Hardollin/Getty Images Household debt has been climbing steadily amid today’s tough economic landscape. Credit card delinquencies are problematic, collection activity is picking up and borrowers who’ve been juggling bills for years are now feeling the pressure…

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Sven-Goran Eriksson’s family ‘forced to sell his luxury lakeside mansion at cut-price’ to help settle ex-England manager’s £8m debts after he died

Sven-Goran Eriksson‘s luxury mansion has reportedly been sold at a cut-price, as his family look to pay off his large debts. Eriksson, who died last August due to pancreatic cancer aged 76, owned a seven-bed house in Torsby, in his native Sweden – located on the banks of Lake Fryken where he lived out his…