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 ...

Credit card companies may settle debts for less than the full balance, but the percentage varies widely. Here's why.

Before you start the negotiation process, make sure you know what offers to make (and the factors to consider).

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 ...

Whether you're looking to get a better interest rate on your credit card or settle a medical bill, there are ways to negotiate what you owe. Life Kit host Marielle Segarra explains how to do it.

Discover how a Certified Consumer Debt Specialist can aid in debt relief and negotiation. Learn about their certification, benefits, and impact on your finances.