The 48-hour debt collection rule is shaking up the financial world, speeding up account freezes, and demanding new levels of ...

The statute of limitations also plays a critical role. Each state sets time limits on how long a creditor can sue you for ...

Illinois is making important changes to the scope of the state’s Collection Agency Act and the reach of its collection agency licensing obligation. Recent amendments to the state’s collection agency ...

Set-top box maker Skardin Industrial confirmed that it has recovered a portion of its bad debt from an Argentine client, recognizing approximately NT$110 million (US$3.5 million) in bad-debt reversal ...

The Trump administration will begin to seize student debt repayments from the wages of borrowers in default early next year, the US Education Department said Tuesday, a long-promised move that ...

The Trump administration will begin garnishing wages of student loan borrowers in default starting in January, the Education Department told CNN on Tuesday. “We expect the first notices to be sent to ...

A woman who lost her home in Altadena during the devastating wildfires that tore through vast swaths of Los Angeles County last winter is reflecting on losing one thing in particular: her Black Santa ...

When a debt goes unpaid for long enough, it can move through a series of hands, first the original creditor, then a third-party debt collector and sometimes even multiple agencies afterward. Each ...

For a few brief weeks in September and October, Oracle was on top of the artificial-intelligence revolution. The storied business-software and database company had a burgeoning $300 billion ...

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 ...

Portugal's financing needs will rise in 2026 versus 2025, the country's debt agency said in its borrowing plans. The state's net borrowing needs are expected to increase to 13 billion euros ($15.26 ...