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

My husband and I, who are retired, have accumulated about $7,000 in credit card debt over the past few years, paying for medical bills and basic necessities, and need some help paying it off. What can ...

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 ...

Debt settlement and bankruptcy are drastic solutions for serious financial problems. Most consumers who qualify for Chapter 7 are better off choosing bankruptcy. Debt settlement can be a better option ...

The average person retiring this year can expect to spend an average of $172,500 on medical care throughout retirement. Unaffordable medical bills can lead to stress, depression, and other illnesses.

Banks are preparing to launch a $38 billion debt offering as soon as Monday that will help fund data centers tied to Oracle ...