I'm in CBT and I LOVE it. I originally went through it for fear of flying about 6 years ago and I was virtually cured within 2 month. Then I went back for the last 2 years due to anxiety and panic returning thanks to health issues. My husband also went through it for a few years and we've adopted many of the strategies of CBT into our marriage and parenting and it really really helps.
Here is the home page for where I go for CBT http://www.cogtherapy.com/default.htm I know they have links on their site that go further into CBT.
Essentially therapy tends to follow 2 paths 1) it deals with finding your thought distortions (eg: "Nobody likes me") and teaching you how to recognize them and correct/disregard them, and 2) it teaches you how to tolerate the physical discomfort and symptoms that you experience. Typically this is done through discussion, activities involving tracking your thoughts and analyzing them, and exposure therapy (eg: getting you to feel certain levels of anxiety and panic but teaching you how to tolerate them).
A key aspect of the fix is usually "dispassionate observation"... meaning that you notice but you don't care and this is used for both distorted thinking as well as symptoms of panic/adrenaline.
Anyway, that's my nutshell on CBT. I can't rave enough to you about it. It has helped me keep my sanity through some difficult times, helped my husband, and in many ways gave us a really strong strategy for approaching life.
Please feel free to message me any time if you have questions or want to know more. I'm always VERY open about our CBT experiences because it has been such a positive force in our lives.