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2. A comprehensive guide to debt relief programs - AOL

   www.aol.com/finance/debt-relief-guide-know...

   Debt forgiveness can help you avoid drastic measures like bankruptcy. Depending on the plan, you can pay down debt more quickly. Cons of debt forgiveness programs. Participation could hurt your ...

3. What is debt forgiveness? - AOL

   www.aol.com/finance/debt-forgiveness-202301471.html

   Debt forgiveness — also commonly referred to as debt cancellation or debt relief — is what happens when a creditor writes off your debt. The creditor may grant you a partial or full pardon of ...

4. Debt relief: Pros and cons - AOL

   www.aol.com/finance/debt-relief-pros-cons...

   Debt consolidation takes place when you move two or more of your existing debts into one new debt, typically with the help of a product like a debt consolidation loan or a balance transfer credit ...

5. What nonprofit debt consolidation is and how it works

   www.aol.com/finance/nonprofit-debt-consolidation...

   In some states, medical debt forgiveness may be an option. Student loans. Student loans may or may not be eligible for nonprofit debt consolidation, often depending on if they are federal or ...

6. What is a 1099-C Cancellation of Debt form? - AOL

   www.aol.com/finance/1099-c-cancellation-debt...

   Key takeaways. You will receive a 1099-C Cancellation of Debt form if a lender forgives more than $600 of taxable debt. You must include the amount of canceled debt on your federal tax return as a ...

7. Paying off debt in tough financial times - AOL

   www.aol.com/finance/paying-off-debt-tough...

   While you may eventually pay off a loan by making only the minimum payments, adding a bit of extra money to your monthly payment and prioritizing certain debts can help you pay off your debt faster.