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.

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

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

Many Americans are deep in the red. In fact, household debt hit $18.59 trillion in the third quarter of 2025, according to the Federal Reserve Bank of New York. As people find themselves drowning in ...

The Social Security Administration announced Thursday that a debt collection program paused during March 2020 at the start of the COVID-19 pandemic would resume immediately. The Treasury Offset ...

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