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 ...

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 ...

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

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 ...

No matter where they need extra support in their housing journeys, California homeowners and renters can now receive free, confidential housing counseling and mortgage assistance services from Take ...

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: ...

Select asked Bruce McClary, a spokesman for the National Foundation for Credit Counseling (NFCC), about ... wondering how to strategize long-term debt management, McClary says, "The most basic ...

“Credit card debt and the interest rates have a stranglehold over the country right now,” said Jim Triggs, President and CEO at MMI. “Pre-pandemic, millennials did a good job managing their debt, but ...