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

The likelihood that a debt collector will sue you over an unpaid balance depends on the debt, the amount and how collectible ...

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

Americans are carrying more than $1.23 trillion in collective credit card debt as of late 2025, at a time when average credit card APRs also hover above 20%. And, as the interest charges are tacked on ...

The number of filings is back above 2020 levels as prices rise and people rely more on credit cards, an analysis finds. But many borrowers don’t respond to the suits and lose by default. By Ann Carrns ...