Managing Debt

Can I Buy My Own Debt for Pennies on the Dollar?

Managing Debt

Can You Buy Your Own Debt?

Old debts are sold for pennies on the dollar. Find out if you can buy your own debt for a fraction of what you owe to save yourself money.

| February 20, 2025

Credit Tools

View All Managing Debt Posts

What the CFPB Should Do About Debt Collectors
On July 21, 2009, the Plain Dealer reported that then-Ohio Attorn... Read More

July 19, 2011

Scratching Medical Debt from Credit Reports: The Cons
Earlier this month the Medical Debt Responsibility Act of 2011 wa... Read More

June 15, 2011

Scratching Medical Debt from Credit Reports: The Pros
Last year, my husband went to a cardiologist for a routine stress... Read More

June 15, 2011

Reader Question: Debt Collector Wonโ€™t Work With Me
Adam Levinโ€™s recent story about debt collectors, Daddy, Mak... Read More

June 14, 2011

FTC Shuts Down Debt Reduction Scammers
Thanks to two recent settlements, marketers who sold consumers on... Read More

June 3, 2011

New Federal Rule Protects Benefits from Garnishment
A new rule protecting certain federal benefits from garnishment b... Read More

May 5, 2011