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

Failing to finish a debt settlement program can undo your progress and may even leave you worse off than before.

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 ...

More Orange County residents have had their medical debt eliminated, thanks to a county program that has wiped out more than ...

The update marks a major policy pivot for the administration, which previously paused debt relief through certain programs.

North Carolina Gov. Josh Stein announced Monday that the state’s medical debt relief initiative has eliminated roughly $6.5 ...

Orange County cleared over $515 million in medical debt for 302,000 residents in collaboration with Undue Medical Debt.

Mayor Eric Adams announced the cancellation of nearly $135 million in medical debt for over 75,000 New Yorkers.

Debt Support National provides the best credit card relief programs in Illinois through its network of experienced debt specialists and proven relief strategies. The organization assists individuals ...

Updated policies by hospitals and creation of the Medical Debt Relief Program by the former governor has led to 2. 5 million North Carolinians being freed of $6.