Having debt forgiven can feel like a fresh start, but there are follow-up steps you should take to protect yourself.

When you're drowning in credit card debt, there are numerous paths you can take to find relief, but a common one, referred to ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Things can get even tougher, though, when you're carrying a ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Debt is often discussed in negative terms, but debt isn’t just good or bad. It falls on a spectrum, and how you manage it ...

Some card details on this page may be out of date. For millions of us, relief from credit card debt feels unobtainable. So when an offer comes in the mail offering credit card forgiveness, you might ...

For millions of us, relief from credit card debt feels unobtainable. So when an offer comes in the mail offering credit card forgiveness, you might be eager to jump on it. Credit card balances have ...

WASHINGTON (AP) -- An alliance of financial industry interests and consumer advocates on Wednesday asked federal regulators to allow lenders to reduce by as much as 40 percent the amount of credit ...

Credit card debt forgiveness: Is it possible? Quick to go up, painfully difficult to bring down. Sound familiar? Most U.S. adults have credit card debt, and if you're struggling to pay yours off or ...

Credit card debt forgiveness is when your creditor agrees to accept less than the full amount you owe. Credit card companies and debt collectors may forgive some of your debt if you have a significant ...