The likelihood that a debt collector will sue you over an unpaid balance depends on the debt, the amount and how collectible ...

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 ...

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 ...

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

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

Could your debt be reduced or forgiven? Take our financial relief quiz. If you’re a business owner extending credit to customers, then you’ve likely had an experience with bad debt or will at some ...

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

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, ...