Managing Credit Card Debt

You can often negotiate better interest rates, payment dates, and even long-term payment plans and settlements on your credit card debt.

If you have high credit card debt, you might be able to settle the debt for less than the full amount. But beware of the downsides to credit card debt settlement.

Here are the things to consider if you want to consolidate your credit card debt.

When a credit card company writes off or charges off your debt, you are still liable for the debt.

Credit card companies rarely forgive your entire debt, but you might be able to settle the debt for less and get a portion forgiven.

Here are some common defenses you can raise if you are sued for credit card debt.

Learn what a credit card judgment is and how a credit card company can get one.

Learn when you might get sued for delinquent credit card debt, steps in the lawsuit, and how to defend against it.

A credit card companies can garnish your wages if it gets a judgment against you. Learn how to avoid this.

Learn the players and steps involved in the collection of credit card debt.

Learn what happens to credit card debt when a person dies.

Find out when you are liable for your wife's or husband's credit card debt.

Sometimes closing credit card accounts helps you get out of debt. Learn which accounts to close.