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Man holding scratch-off lottery ticket | Boston Globe/Getty Images

8 lottery winners who went broke

The new $447 million Powerball winner might want to learn from these cautionary tales. Read more

Latest Debt Management Headlines

Savings vs. debt a losing battle

Many people are one unplanned expense away from financial disaster, our survey finds.Read more

10 disastrous financial habits

These money pitfalls could bankrupt you. Good news: You can avoid them easily.Read more

Purge old debt from your record

Find out what you must do to clear your good name and your credit record of old bills. Read more

7 ways to wipe out debt

If you're tired of being hounded by creditors, here's a plan to help you break free.Read more

Debt Management Basics

Refinance into home equity loan?

For some homeowners, it could make sense to refinance with a home equity loan.Read more

10 debt consolidation myths

Debt consolidation is supposed to help you fix your credit. But much of what is said about the process is bogus.Read more

10 ways to bounce back from bankruptcy

Bankruptcy will cloud your credit, but you can recover. It takes time and discipline, but it isn't unthinkable.Read more

Are you a candidate for bankruptcy?

Consider these three factors before making any consequential decisions, a debt counselor advises.Read more

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Debt Adviser

Don't be seduced by this debt plan

Dear Debt Adviser, I have about $50,000 of debt on credit cards. My credit rating is still high. I am thinking about a debt consolidation loan. Will that adversely affect my credit rating? -- DT Dear DT, The cliche... Read more


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