Overwhelming debt can be a crippling feeling that seeps into every part of your life. Making minimum monthly payments while you have medical bills, credit card debt, traffic tickets, among other ...

Debt cancellation can erase what you owe under certain circumstances, but it's not always as simple as it sounds.

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 ...

You don’t need to be reckless with money to end up buried in debt. All it takes is one catastrophic event, sudden loss of a job, or a few months of “just getting by” – and suddenly, the interest ...

Recently, the Federal Trade Commission filed a complaint against seven companies and three individuals operating the "Accelerated Debt" program that falsely claimed to reduce consumers' debt by as ...