As the credit card bills pile up and the variable interest rates on your cards climb higher, it's easy to become trapped in a cycle of debt that you can't easily overcome. And, when you add the ...

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 relief is an umbrella term used to define the many options and programs that can help you manage your debt payments or even reduce the entire amount you owe. “They include debt settlement, ...

If you're struggling with high amounts of debt and are unable to get the issue under control, the promises made by debt ...

With a background in journalism and counseling, Penny Min blends analytical research with real-world insight to help readers make informed financial decisions. At Forbes Marketplace, she specializes ...

Whether it's credit cards, medical bills or personal loans, falling behind on your debt payments can create stress and ...

There are several ways to deal with overwhelming debt, and the right one for you depends on the severity of the problem and the resources you have. If you’re exploring debt management vs. debt ...

Debt Management vs. Debt Consolidation: Which is Better? Are you feeling overwhelmed by debt and looking for ways to regain control? Debt management and debt consolidation are two widely used ...

Getting out of debt can be a difficult process. While debt consolidation can help those wanting to pay off credit card debt or other types of debt, sometimes you need professional help. Two popular ...

After an initial evaluation, a counselor will advise you on the best course of action to tackle your debt, whether you need general personal finance advice, bankruptcy counseling or something else.

Debt management restructures your debt so you can pay it off. Debt settlement involves some amount of debt forgiveness. If you don't qualify for debt management, debt settlement might work for you.

Could your debt be reduced or forgiven? Take our financial relief quiz. When you’re dealing with a mountain of debt, it can be hard to envision digging your way out of it. Considering that Americans’ ...