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

Disputing collections debt can protect your credit, but only if you know when it actually makes sense to do so.

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Could your debt be reduced or forgiven? Take our financial relief quiz. Whether you owe it or not, receiving a debt collection notice can conjure up feelings of anxiety, worry and perhaps confusion, ...

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 ...

The pressure is off for collectors of debts owed by New Yorkers for now, under a New York City regulation that has been years in the making, and which has already seen its effective date postponed ...

If you’re someone who’s opted to automate debt collection processes for your business, congratulations, you’re on the right path. Automating debt collection has become an invaluable tool for many ...

Scammers use texts, calls, emails and letters to create a false sense of urgency about debt repayment. Always ask for detailed information about the debt and the debt collector’s contact details to ...

The Internal Revenue Service was fairly lenient with past-due tax bills during the pandemic, but collection efforts are back in full force this tax season. The agency is ramping up efforts to collect ...