You may have a legal obligation to repay old debts, but there are also strict limits on debt collectors' tactics.

Licensure Requirements. Notably, the Collection Law amends California's debt collection licensing laws to exclude commercial debt collection. 10 As such, commercial entities subject to the terms of ...

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 ...

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

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, ...

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 ...

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 ...

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 ...

What is a time-barred debt? A time-barred debt is any overdue payment that has passed the statute of limitations in your state. Whether it’s credit card debt, medical debt or unpaid auto loans, if ...

Assemblywoman Amy Paulin, chair of the Assembly’s Health Committee, said grassroots organizing and effective messaging has helped reduce the aggressive debt collection tactics of many hospitals.