For many individuals, Cognitive Behavioral Therapy (CBT) and Interpersonal Therapy (IPT) are considered effective psychotherapies for depression. CBT helps identify and change negative thought patterns and behaviors, while IPT focuses on improving relationships and social situations. Psychotherapy (talk therapy) is a variety of treatment techniques that aim to help you identify and change unhealthy emotions, thoughts and behaviors Psychotherapy can help with several different issues, ranging from stress and relationship issues to mental health conditions.