Debt collectors rarely disappear on their own. Old balances can be sold, resold, and pursued in different ways for years, ...

The statute of limitations varies from state to state and is the law that limits the amount of time in which debt collectors can sue you for unpaid debt. You aren't legally required to repay debt that ...

In today's high-cost economy, millions of Americans are struggling to stay on top of their bills. And, with credit card interest rates still hovering near historic highs and sticky inflation ...

Just the sound of a ringing phone can trigger instant trepidation when you're dealing with calls from debt collectors. Whether it's related to an unexpected medical bill, a credit card balance that ...

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 ...

An unpaid debt could damage your credit score. It’s common for debts to be turned over to collection agencies after a period of time. It’s wise to request proof that a debt collectors owns your debt ...

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 claim: It is illegal for collection agencies to buy debt and 'come after you' if you send a cease-and-desist letter A March 27 Facebook post (direct link, archive link) offers advice for consumers ...

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 ...