Debt collectors can start contacting you to collect debt once payments are 30 days past due. You shouldn't experience harassment or threats when being contacted for debt collection. If you are, you ...

Learn what is the statute of limitations on debt, how it varies by state and when debt may no longer be collectible. See how ...

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 ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But while a lot of people are dealing with collection issues right now, ...

Debt collectors rarely disappear on their own. Old balances can be sold, resold, and pursued in different ways for years, ...

The term "debt relief" or "debt resolution" generally refers to several ways you might restructure debt to make it more affordable. Debt relief options include debt consolidation, debt management, ...

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, ...

Fake debt collection is one of many all-too-familiar text scams. However, sometimes scammers will use an existing business's name and information to fake legitimacy. Recently, consumers in the area ...

When unmanageable debt has you in a bear hug, you'll probably do anything to wriggle free — including striking a deal with your creditors to reduce how much you have to pay. Debt settlement involves ...

Having watched Chicago’s City Council rebel against his budget and pass its own, Mayor Brandon Johnson is now focused on the matter of how (and if) the city collects its past-due debts. Going forward, ...

In 2023, a stalemate between then-President Joe Biden and congressional Republicans over the debt ceiling prompted panic among financial analysts and everyday Americans alike. The deal they struck, ...