Knowing the signs of a ​​trustworthy debt settlement program can help you avoid scams and find a path to relief.

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 ...

The Lee Jae Myung administration launched on Wednesday the “New Leap Fund” bad bank program aimed at buying up and writing ...

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

The program, which began in 2024, was available to residents with an income of 400% of the poverty level or below.

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 ...