The Consumer Financial Protection Bureau on Friday ordered Commonwealth Financial Systems, a debt collection agency specializing in medical debt, to shut down as a result of what CFPB determined were ...

Complaints about aggressive debt collection have skyrocketed in recent months, federal data shows, a sign that more Americans are falling behind on credit cards and medical bills. The rise in ...

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

With federal oversight in retreat, deep-pocketed collection companies are aggressively pursuing down-and-out consumers who are struggling with record levels of credit card debt. Meanwhile, consumer ...

Southwest Recovery Services has released a guide on third-party B2B invoice recovery for mid-market businesses, drawing on 20 years of ...

Discover how a Certified Consumer Debt Specialist can aid in debt relief and negotiation. Learn about their certification, benefits, and impact on your finances.

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 ...

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

A fight over whether New Jersey debt collectors face liability for unlicensed consumer lending is forcing state justices to confront whether the Legislature quietly jettisoned a century of private ...