Hector Vargas Santos thought a presidential pardon would wipe his slate clean—and maybe even his wallet. But when the former ...

If debt has you spiraling, now is the time to take a few common-sense steps to help knock it down and get it under control.

Seniors, students, taxpayers, children, parents, low-income Americans and just about everyone else will be affected by the ...

Credit card debt forgiveness might be a good idea if you’re struggling to keep up with payments, either because your debt has increased or your income has gone down.

It’s unclear why the debt is listed in the “more than $50 million” category on those statements when, according to the Jones letter, it was really $48 million, which would have fallen in the ...

Many borrowers with lower student loan balances would have seen their student loans forgiven under former President Joe Biden's debt forgiveness plan. In 2023, the U.S. Supreme Court blocked that ...

There isn't a single government-backed medical debt forgiveness program, after all, but there are multiple pathways that can lead to a portion of your medical debt being forgiven.

Debt forgiveness can offer big relief in the right circumstances, but it won't help with all types of debt. Getty Images Whether it's sky-high credit card balances, expensive medical bills, high ...

Even if you enroll in a tax forgiveness program, you may face additional fees, interest and penalties that can add to your debt. For example, an offer in compromise requires a $205 application fee.

April 16, 2025 / 12:40 PM EDT / CBS News You may be able to settle your tax debt for less, but negotiating with the IRS can be tricky. Getty Images/iStockphoto ...