This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. (The Hill) – Seniors face more than $50 ...

You may have a legal obligation to repay old debts, but there are also strict limits on debt collectors' tactics.

Credit card debt is a growing concern among older Americans, especially as rising living costs strain retirees' fixed incomes. That's hardly surprising, though, considering that debt levels are rising ...

With federal oversight in retreat, deep-pocketed collection companies are aggressively pursuing down-and-out consumers who are struggling with record levels of credit card debt. Meanwhile, consumer ...

There is not a single federal debt forgiveness program for older adults. However, options such as debt management plans, credit counseling, and debt consolidation loans are available. Debt forgiveness ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

If you collect Social Security in retirement, some of your payments are subject to the same garnishment rules that apply to other types of income. This means your benefits can be withheld to enforce ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. Despite our best intentions, sometimes ...

NEW YORK (AP) — Those mysterious debt collectors who call insisting you’ll be in legal peril if you don’t pay them big bucks are in hot water themselves, accused in a nationwide crackdown of harassing ...

Getting calls from debt collectors can be unsettling, but if you encounter these red flags, chances are you're dealing with a ...