Debt Relief: Options for Managing and Reducing Debt Burdens

Debt settlement means paying a creditor less than you owe to resolve a debt, usually in a lump sum. Here's how it works, what it costs, and the risks.

The card tied to a debt settlement is usually closed. Learn which cards still work, why, and how to rebuild your credit with a secured card.

No, bankruptcy doesn't clear all debt. See which debts get discharged, which survive and how to tell if filing would actually help your situation.

Debt settlement companies typically charge 15%–25% of your debt, and only after a settlement is reached.