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

Could your debt be reduced or forgiven? Take our financial relief quiz. If you’re a business owner extending credit to customers, then you’ve likely had an experience with bad debt or will at some ...

Since the start of 2023, Nevada has written off more than $106 million in bad debt, money that state officials have determined is impossible or impractical to collect. There were four businesses ...

A charge-off is when a lender writes off your account as a loss and closes the account for further use. You are still legally responsible for the balance that is charged off. The lender may transfer ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Debt collectors are typically hired by lenders to recover unpaid debts ...

Since the start of 2023, Nevada has written off more than $106 million in “bad debt,” meaning state officials have deemed it impossible or impractical to collect, according to a Nevada Independent ...

Bad student debt has doubled over the last for years at Santa Monica College but officials are left with fewer options for collecting following the passage of the Education Debt Collection Practices ...

When you hear the word, "debt," it's likely an immediate pit begins to form in your stomach. Debt means you owe money and if you don't pay it back, the balance you owe will grow even larger. But if ...

Running a business involves risk, but unpaid invoices shouldn’t be the gamble that sinks your ship. Bad debt—money owed to ...