The likelihood that a debt collector will sue you over an unpaid balance depends on the debt, the amount and how collectible ...

The Consumer Financial Protection Bureau on Friday ordered Commonwealth Financial Systems, a debt collection agency specializing in medical debt, to shut down as a result of what CFPB determined were ...

Complaints about aggressive debt collection have skyrocketed in recent months, federal data shows, a sign that more Americans are falling behind on credit cards and medical bills. The rise in ...

Learn what is the statute of limitations on debt, how it varies by state and when debt may no longer be collectible. See how ...

The Federal Trade Commission logged over 140,000 consumer complaints about debt collection in the second quarter — a 220% jump from the same period a year earlier. Georgia, Texas and Florida recorded ...

With federal oversight in retreat, deep-pocketed collection companies are aggressively pursuing down-and-out consumers who are struggling with record levels of credit card debt. Meanwhile, consumer ...

DAYTON — Complaints about aggressive debt collectors are on the rise as more people find themselves living paycheck to paycheck. Sam Brashears, a single mom working as an appointment scheduler, has ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Before a debt collector can pursue you for a debt, they are generally required to first send you a debt validation letter. This ...

Discover how a Certified Consumer Debt Specialist can aid in debt relief and negotiation. Learn about their certification, benefits, and impact on your finances.