A credit card charge-off won't wipe the slate clean, despite what it sounds like. Here's what happens instead.

A garnishment judgment is only the start. You should know what creditors can do next — and what you can do, too.

Behind on your debt payments? If so, you may want to keep an eye out for signs that garnishment is on the horizon.

A debt collector may be able to freeze your bank account, but if it's a joint account, the rules get complicated.

You may be able to settle your debts with creditors for less than you owe Ken Clark has co-managed over $100 million in retirement accounts and is the author of The Complete Idiot's Guide to Getting ...

For many Americans, credit card debt has become more than a temporary financial inconvenience. The rising costs of essentials like groceries, housing and utilities have pushed more consumers to rely ...

Mounting financial pressure is nothing new for borrowers in today's economic landscape, but the pace at which it is escalating has recently become harder to ignore. Right now, for example, household ...

Debt settlement may reduce your debt, but expect an impact to your credit score Erika Rasure is globally-recognized as a leading consumer economics subject matter expert, researcher, and educator. She ...

Could your debt be reduced or forgiven? Take our financial relief quiz. It’s easy to let credit card debt get away from you. Before you know it, the bills are piling up, and there’s no foreseeable way ...

Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. Credit card debt has become a pervasive financial challenge ...