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

Debt collectors rarely disappear on their own. Old balances can be sold, resold, and pursued in different ways for years, even after the legal window to sue has closed. I want to walk through how long ...

WASHINGTON — The federal government’s consumer financial watchdog plans to crack down on the nation’s 4,500 debt collectors with new regulations to ensure that collectors are going after the right ...

Disputing collections debt can protect your credit, but only if you know when it actually makes sense to do so.

US HOW TO HANDLE THOSE CALLS. YOU MAY NOT KNOW IT, BUT AS A CONSUMER, YOU’VE GOT A BOATLOAD OF RIGHTS, RULES AND REGULATIONS THAT WORK IN YOUR FAVOR WHEN DEALING WITH DEBT COLLECTORS. A VIEWER ...

The CFPB has proposed new debt collection rules that are really, really bad for consumers; Watch out when using Paypal and Venmo because scammers are finding more ways to get access to your money via ...

We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation and ...

A borrower is in default after an extended period without making payments and failing to restore the loan to good standing.