Let's see if I get this right. If a big financial institution gets into trouble, the government is ready to step in and bail it out and make the little guy pay for it. But if the little guy gets into ...

Vice President Harris and CFPB Director Chopra highlight potential boost in mortgage approvals and question debt collectors' methods. The Consumer Financial Protection Bureau (CFPB) has taken a firm ...

Physicians at Charlottesville-based University of Virginia Health System have penned a letter to Kaiser Health News saying they are dismayed by revelations about the health system’s billing and ...

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

No, debt collectors cannot have you arrested for unpaid credit card debt. However, if you are sued and don't comply with a court order, you can be arrested. You can manage your credit card debt by ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. With the massive amount of layoffs occurring during the present pandemic — the Federal ...

A little-known fact about consumer debt: It often has a statute of limitation, which means debt collectors can’t sue borrowers to recover the payments after a specified amount of time. When this ...

No business can prevent collection attempts against all their employees. When an employee starts falling behind, debt collectors begin looking for ways to contact the employee at work to speak with ...

The U.S. Department of Education is resuming wage garnishment for borrowers in default on their federal student loans, ...

Could your debt be reduced or forgiven? Take our financial relief quiz. When you let credit card payments, loan payments and other bills go unpaid for long enough, debt collectors eventually come ...