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

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

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

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

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, ...