Original creditors — say, a credit card or utilities company — sell their delinquent accounts to debt collection agencies to get “bad debt” off their books and access the related tax benefits of this ...

Kelly Anne has over six years of experience with reporting and editing in the personal finance space. Her work has been featured in national publications including Reader's Digest, CNBC and Forbes.

Debt collectors have been known to call family members ... Aside from the constant stress weighing over you, bad credit ...

A federal lawsuit filed by a debt-collection agency threatens to derail a Biden administration's regulatory attempt at ...

A collection on your credit report refers to an unpaid debt your creditor passed along to a third-party collections agency to chase the owed money on behalf of the creditor. The collection's ...

The task of collecting Americans’ delinquent medical bills has become big business in recent years but now, the debt collection industry says, its work is threatened. A federal proposal ...

The reality of a profession we never want to encounter, but couldn't do without - Evan Davis and guests discuss he debt collection business. Show more It must be one of the most-maligned ...

past the statute of limitations in which collection actions can be enforced), it's important to avoid restarting the clock—which can occur if you make any promise to pay the debt. Removing Bad ...

From dreams deferred to daily struggles, North Carolinians share their harrowing battles with medical debt and the hope a new ...

Debt collectors have been told to 'stop all action' after a bakery owner was wrongly chased for a staggering £24,000. Twisty Pretzel boss Camelia Gonciulea was told to pay £18,000 for an energy ...

SB 1286 will extend existing consumer debt collection protections in California to small businesses and to the collection activities of business debt. In particular, SB 1286 is designed to expand ...

AMSTERDAM, Oct. 31, 2024 /PRNewswire/ -- The International Debt Collection Handbook covers extensive B2B collection ...