You may have a legal obligation to repay old debts, but there are also strict limits on debt collectors' tactics.
The statute of limitations also plays a critical role. Each state sets time limits on how long a creditor can sue you for ...
As those living in the southwestern United States enter the dog days of summer, debt collectors are especially feeling the heat. As if complying with the myriad of state and federal regulations ...
Could your debt be reduced or forgiven? Take our financial relief quiz. Debt collection is when a company attempts to collect payment on past-due and unpaid debt, such as a loan or medical bill. It ...
Learn what is the statute of limitations on debt, how it varies by state and when debt may no longer be collectible. See how ...
DAVENPORT, Fla. – Debt collection calls are reaching new highs across the U.S. in 2025, with a significant number of those calls flagged as abusive or threatening. “We’re going to arrest you. We’re ...
Debt collection can be an unpleasant business, but it's a big one. The industry generates $12.2 billion in revenue for the roughly 4,500 firms chasing down borrowers who owe money on credit cards, ...
Some of these loans — known as zombie mortgages — were reportedly sold to debt buyers for pennies on the dollar, despite many homeowners having received tax forms years earlier indicating the debts ...
ALBANY- The number of hospital debt lawsuits and debtors have plunged following changes to state laws around medical debt collection, according to a new report by an advocacy organization. The eight ...
Unpaid debt is creating a boon for lawyers across the country, who are being inundated with calls for help from companies desperate to collect money owed to them. The work is going to debt collection ...