While most states have laws that specifically govern debt collection lawsuits, the laws vary widely and few offer protections for consumers, according to new data released today by the Center for ...
That legal threat from your debt collector may not be empty. How often do they really take that action, though?
Old debt won't just disappear, but can creditors freeze your bank account after the statute of limitations expires?
Debt collectors have limits under federal law and there are certain behaviors that cross the line into harassment.
DAVENPORT, Fla. – Debt collection calls are reaching new highs across the U.S. in 2025, with a significant number of those calls flagged as abusive or threatening. “We’re going to arrest you. We’re ...
Debt collectors may sound intimidating, but laws put firm limits on what they cannot do, especially when it comes to how, ...
In 2013, there were more than 200,000 complaints nationwide about debt collection, making up 10 percent of all consumer complaints. Debt collection was second only to identity theft in complaint ...
Debt collection can be an unpleasant business, but it's a big one. The industry generates $12.2 billion in revenue for the roughly 4,500 firms chasing down borrowers who owe money on credit cards, ...
Add Yahoo as a preferred source to see more of our stories on Google. St. Peters Health Partners was one of more than 50 hospitals in the state that was found to have placed liens on patients' homes ...
WASHINGTON (AP) — The Consumer Financial Protection Bureau sued a major debt collection law firm on Monday, alleging it is a “mill” that produces shoddy, mass-produced credit-card collection lawsuits.