If your credit card or personal loan debt has spiraled out of control, which is the case for a lot of borrowers in today's economic climate, hearing that a creditor "wrote off" your balance might ...

As household debt continues to climb and serious delinquencies tick higher, more borrowers are confronting an uncomfortable reality: Some of their accounts are now considered "written off" by their ...

Credit card debt has ballooned in recent years, with total card balances now exceeding $1.21 trillion, according to the latest data from the Federal Reserve. And, today's high credit card interest ...