Understanding debt collection thresholds can help you navigate your options and avoid legal consequences.

Freedom Debt Relief reports that negotiating credit card debt can lead to lower payments, waived fees, or partial forgiveness ...

Pay-for-delete promises to erase collection debt from your credit report, but the results of this strategy can vary.

Could your debt be reduced or forgiven? Take our financial relief quiz. For people who have a lot of debt and can’t feasibly pay it off in a timely manner, debt settlement may be an option. Broadly, ...

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The terms of your credit card debt aren’t set in stone. If you’re feeling overwhelmed by your outstanding balance, it is possible to get a break from your creditors. By negotiating your debt, you ...

If you have delinquent debt that has been sold to a debt collector, you may be looking for ways to try and resolve the issue — and right now is a good time to decide on a path forward. After all, ...

Key Takeaways Commercial debt collection agencies typically charge contingency fees ranging from 15% to 50% of ...

Do you have a bill that has been turned over to a collection agency? Of course, you'll want to make things right as well as remove the negative effect on your credit score. But what if you can't ...

We might earn a commission if you make a purchase through one of the links. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Are you drowning in ...

Debt settlement is one solution for unaffordable debt, and there are lawyers and companies that settle debt for their clients. However, professional debt settlement can be expensive, depending on whom ...