Having a portion of your debt forgiven can offer big relief, but it's not the only debt relief route you can take.

For those facing serious credit card debt, two debt relief options — credit card debt forgiveness (also known as debt settlement) and credit card hardship programs — can provide a path forward.

like credit card debt forgiveness, can offer them. When you pursue credit card debt forgiveness, the goal is to work with your creditors to settle the debt for less than the full amount owed ...

and credit card debt forgiveness can offer a potential solution. While these programs aren't right for everyone, they can provide substantial relief in certain situations. That said, understanding ...

Could your debt ... forgiveness programs available. Any debt forgiven or settled for a savings of $600 or more is generally considered taxable income. For example, say you owe $10,000 on a credit ...

About two-thirds of those with credit card debt have delayed or avoided other financial decisions because of the debt, according to a new Bankrate survey. Bankrate senior industry analyst Ted ...

Debt forgiveness has consequences. For example, you may have to pay taxes on the amount forgiven. Contact your credit card issuer to learn about your options if you're about to miss a payment.