Debt Management

The contents of your credit report can greatly affect your ability to get housing, credit, and jobs.

Some consumers benefit from reducing and combining monthly payments through debt consolidation.

Losing your car is a common result of financial problems, but it may be possible to get it returned.

Creditors have several methods available for collecting debt, but consumers have defenses as well.

Frequently Asked Questions View More FAQs ›
Popular Topics
  • Credit Counseling
    Credit counseling can help you better understand your financial situation, negotiate with creditors, establish a debt repayment plan, consolidate debts, and slowly improve your credit score over time.
  • Mortgage Loan Modification
    Borrowers who are concerned about foreclosure may be able to remain in their homes by seeking a mortgage loan modification, which restructures the initial loan contract and changes the payment terms.
  • Debt Management Plans
    A debt management plan can help you renegotiate the terms of your debts with creditors, consolidate your monthly bills into a single payment, lower interest rates and fees, and stop collection calls.
  • Negotiating With Collectors
    It may be possible to reach a resolution with a collector by negotiating to pay them a lump sum that is less than your total debt, or potentially getting them to agree to an installment payment plan.
  • Creditor Lawsuits
    If you have been sued by a creditor, it is important to respond to the lawsuit to avoid a default judgment. If you do not wish to litigate the case, it is often possible to negotiate a settlement.
View More Topics ›