Debt settlement involves persuading creditors to accept less than the amount you owe as payment in full. Normally, debt ...

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

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

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

The Biden administration announced Thursday its final round of student debt relief, topping off the most loan forgiveness ...

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

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

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

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 ...

If a creditor doesn’t think you’ll be able to pay back your debt, they may agree to let you pay off your credit card for less than the outstanding balance, thus “settling” your debt. But more often, ...

In the second student-debt relief announcement this week, Biden canceled loans for borrowers who were defrauded by Ashford ...

The Federal Trade Commission filed a lawsuit against ACRO Services in November of 2022 and from that lawsuit the FTC will be ...