A DIY approach to debt settlement can backfire if you don't understand the legal, financial and tax risks involved.

Rising credit card balances and stubbornly high interest rates are putting more borrowers in difficult positions right now. And, the economic landscape certainly isn't helping either, considering that ...

If you have trouble paying unsecured debt, a debt relief company may be able to negotiate a smaller settlement.

To settle medical debt, you'll typically go through a debt settlement company or an attorney who will negotiate with your ...

You may be able to settle your debts with creditors for less than you owe Ken Clark has co-managed over $100 million in retirement accounts and is the author of The Complete Idiot's Guide to Getting ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. That pull gets stronger when you hear stories online about people wiping ...

Debt settlement may reduce your debt, but expect an impact to your credit score Erika Rasure is globally-recognized as a leading consumer economics subject matter expert, researcher, and educator. She ...

Credit One Bank has agreed to pay just over $10 million to settle a civil consumer protection lawsuit alleging the company or its vendors made repeated, intrusive and harassing debt collection calls, ...

That concern isn't unfounded, either. Creditors and debt buyers have many tools at their disposal to collect what you owe, and given today's uncertain economy, they are becoming increasingly ...