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

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 options if a debt settlement no longer feels right, but the timing, paperwork and payments matter.

Getting calls from debt collectors can be unsettling, but if you encounter these red flags, chances are you're dealing with a ...

Attorneys from the Legal Aid Society of Middle Tennessee and the Cumberlands answer your questions about what to do if your ...

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 ...

Complaints about debt collectors have soared, according to new federal data. The Federal Trade Commission received 194,225 ...

After years of warning taxpayers that the IRS will never cold call you to collect a tax debt, things are about to change as the IRS begins handing over some of its debt-collection work to private ...

ATLANTA - The Consumer Financial Protection Bureau ordered a $24 million fine against Portfolio Recovery Associates after it was warned back in 2015 to clean up its act, but it didn’t. The debt ...

When a creditor gives up hope on collecting a past-due bill, it will turn the account over to a third-party collection agency. These firms attempt to resolve the account with the debtor, either by ...

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