Get your business out of debt with our guide to the debt collection process and see expert-backed advice for dealing with ...
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.
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 ...
Complaints about aggressive debt collection have skyrocketed in recent months, federal data shows, a sign that more Americans are falling behind on credit cards and medical bills. The rise in ...
(NewsNation) — U.S. households now owe a record $18.4 trillion in debt, and federal data shows complaints about aggressive debt collection have surged over the past year. The Federal Trade Commission ...
DAVENPORT, Fla. – Debt collection calls are reaching new highs across the U.S. in 2025, with a significant number of those calls flagged as abusive or threatening. “We’re going to arrest you. We’re ...
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 ...
Having watched Chicago’s City Council rebel against his budget and pass its own, Mayor Brandon Johnson is now focused on the matter of how (and if) the city collects its past-due debts. Going forward, ...