Could your debt be reduced or forgiven? Take our financial relief quiz. Before a debt collector can pursue you for a debt, they are generally required to first send you a debt validation letter. This ...
Could your debt be reduced or forgiven? Take our financial relief quiz. Whether you owe it or not, receiving a debt collection notice can conjure up feelings of anxiety, worry and perhaps confusion, ...
The likelihood that a debt collector will sue you over an unpaid balance depends on the debt, the amount and how collectible ...
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 ...
The statute of limitations also plays a critical role. Each state sets time limits on how long a creditor can sue you for ...
The debt collection legislation bills—S.B. 408 and H.B. 4900— referenced in Geraldine Buckles' opinion piece ("Debt collection bills will undermine civil litigation," Oct. 9) are aimed at updating ...
The CFPB ordered a medical debt collection company (the "Company") to provide redress to consumers who received allegedly inappropriate debt collection letters after orally disputing debts, and to pay ...