Could your debt be reduced or forgiven? Take our financial relief quiz. When debts go unpaid for a long enough time, creditors usually give up and "charge off" the remaining balance. This means they ...

Christy Bieber has a JD from UCLA School of Law and began her career as a college instructor and textbook author. She has been writing full time for over a decade with a focus on making financial and ...

Clint Proctor is a lead editor with the credit cards and travel rewards team at Forbes Advisor. He has five years of experience in personal finance journalism and has contributed to a variety of ...