Confused about how to get out of debt? Here's how to decide if debt relief or credit counseling would work best.

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 ...

In a February 2024 report, the U.S. Government Accountability Office (GAO) developed recommendations for the IRS to bolster the results and increase the equity of its private debt collection (PDC) ...

"Federal Trade Commission rules include an advance-fee ban," says Pack. "This rule prohibits a debt relief company from ...

The number of filings is back above 2020 levels as prices rise and people rely more on credit cards, an analysis finds. But ...

Student loan borrowers have only days left before two debt relief programs disappear. Two COVID-era relief programs will end on September 30, and many borrowers must take immediate action before that ...

The state has spent $138,271 so far in the pursuit of buying, and then forgiving, nearly $12 million in medical debt.

The three-judge panel unwound U.S. District Judge Paul Crotty’s May 2022 injunction allowing Upsolve Inc. to open a program in which it trains nonlawyers to provide limited legal advice to New Yorkers ...

An ongoing effort to wipe out up to $700 million in medical debt for Wayne County residents has made a discovery some may find surprising. Those most in need of medical debt relief were not the ...

ILLINOIS, USA — A state pilot program designed to erase medical debt for 300,000 Illinois residents has already helped thousands eliminate $72 million of debt, the governor’s office announced Thursday ...

Medical debt elimination programs in Oakland and Wayne counties are clearing a combined $36 million owed by residents from unpaid health-related charges. Wayne County’s Department of Health, Human, ...