American households are drowning in debt like never before. Total credit card balances have soared past $1.21 trillion nationally, while the average household carries over $6,000 in revolving debt.

If you’re researching bankruptcy or debt settlement (also called debt relief), you probably have overwhelming debt problems. Debt settlement and bankruptcy can both be effective solutions, but it’s ...

Compare bankruptcy and debt consolidation: benefits, drawbacks, legal implications, credit impact, and factors to consider in ...

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 Support National has introduced a wide range of debt relief programs aimed at helping people achieve financial stability. The company is committed to helping consumers manage their debts ...

Illinois erases $430M medical debt for 357K residents via Gov. Pritzker’s program, improving health equity across all 102 ...

The Hospital Financial Assistance Act is under consideration to keep bills from negatively affecting patients' credit in ...