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

The statute of limitations also plays a critical role. Each state sets time limits on how long a creditor can sue you for ...

The 48-hour debt collection rule is shaking up the financial world, speeding up account freezes, and demanding new levels of ...

Understanding what happens when your debt gets sold can help you make informed decisions about how to handle these situations ...

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

Some of these loans — known as zombie mortgages — were reportedly sold to debt buyers for pennies on the dollar, despite many ...

New Yorkers will soon have stronger protections against deceptive student loan servicers, debt collectors and health ...

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

Illinois is making important changes to the scope of the state’s Collection Agency Act and the reach of its collection agency licensing ...

When your finances are strained, focus on maintaining stability even if keeping up with every contractual payment feels ...

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

This is read by an automated voice. Please report any issues or inconsistencies here. A California law bans colleges from withholding transcripts over debt. A recent study, however, found that 24 of ...