Debt relief is not as easy as it seems. It can be expensive, drop your credit score — and it doesn't always work.

The short answer is yes, most collections debt can be eliminated through bankruptcy, but the type of bankruptcy you file ...

Yellowstone Capital will cancel more than $534 million of outstanding debts owed by more than 18,000 small businesses.

One major disadvantage of debt settlement is that the government may tax forgiven or canceled debt as income. This could eat ...

A debt collector may be open to settling your debt, but that doesn't mean they have to accept what you offer. /iStockphoto .

Borrowers have options when applying for student loan forgiveness. The most common is Public Service Loan Forgiveness (PSLF).

On his way out of office, President Joe Biden touted his record on student-debt cancellation, noting that his administration ...

The last round of student loan forgiveness from the administration caps a tumultuous effort to deliver widespread relief to ...

There are times when it makes sense to deny a debt settlement offer, but there could be repercussions for doing so.

With President Donald Trump back in the White House, a number of student loan programs face uncertainty. Trump is a vocal ...

According to the Burr Law Office, you can declare bankruptcy to potentially wipe out tax debt but only on debt that is at ...

A bipartisan group of lawmakers in the state House reintroduced legislation to create the Pennsylvania Medical Debt Relief Program and potentially clear hundreds of millions of dollars in bad debt ...