Bankruptcy is a serious decision with long-lasting consequences. Before taking that step, explore these six alternatives.

Becoming debt-free starts by assessing your budget and determining how much you can realistically afford to put toward your ...

A debt management plan (DMP) is a type of repayment plan that's set up and managed by a non-profit credit counseling agency like ACCC. As part of ACCC's DMP, creditors may waive late and overlimit ...

Managing debt can feel like an uphill battle. From credit card balances to medical bills, many consumers find themselves ...

Consider a Debt Management Plan (DMP) A Debt Management Plan is an agreement between you and your creditors, often facilitated by a credit counseling agency. Under a DMP: Single monthly payment ...

The Better Business Bureau offers these tips for avoiding debt relief scams: * Don’t pay in advance. It’s illegal for debt relief and credit repair companies to collect payment before their services ...

When no interest is added to a debt, the repayment calculation is simple. As long as you don't add anything to the balance, ...

MMI’s ‘Do Debt Differently’ Seeks to Bring Relief to a Generation Under Siege Millennial Debt Crisis: A Call to Action. 'Do ...

When a bankruptcy filing is denied, it means the court has rejected your petition to discharge debts or reorganize them under bankruptcy protection. The reasons for denial vary but can include: ...

Across the country, credit card debt is a staggering $1.17 trillion, and the average credit card interest rate is more than ...