Settling debt for $0.20 on the dollar sounds too good to be true, but is that type of agreement really realistic?

Kiah Treece is a former attorney, small business owner and personal finance coach with extensive experience in real estate and financing. Her focus is on demystifying debt to help consumers and ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Michael Boyle is an experienced financial ...

Editor's Note: APYs listed in this article are up-to-date as of the time of publication. CNBC Select will update as changes are made public. Money market accounts (MMAs) are hybrid deposit accounts ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Robert Kelly is managing director of XTS ...