Charge-offs can hinder your credit for years, but there are legitimate ways to address them and rebuild your score.

When a credit card company agrees to accept less than the full amount you owe — say, $20,000 on a $30,000 balance — it’s called a debt settlement. The lender agrees to forgive the remaining $10,000, ...

Medical debt can be written off in some circumstances, but not in the widespread way many people hope for. Instead, several different processes can result in medical debt forgiveness, cancellation or ...

If you’ve been around closely held businesses long enough, you know that a transfer of money between a business and its owner, or between two related businesses, is sometimes characterized by the ...

CHEYENNE – Members of the Cheyenne City Council are considering a resolution that would allow the city treasurer to write off nearly $137,000 in uncollectible debts – an annual requirement that ...