Columbia Public Schools board approved an agreement with Ability Recovery Services LLC for debt collection, with a 6-1 vote. The district emphasizes that the program doesn't eliminate all meal ...

For five years, student loan borrowers who consistently couldn't pay their bills did not face the threat of debt collection. But all that extra breathing room is now gone. About 195,000 borrowers ...

Student loan borrowers who haven't paid their debt now face seeing their wages garnished, Social Security benefits reduced, and more as debt collection resumes in 2025. A five-year break that ...

Many borrowers with lower student loan balances would have seen their student loans forgiven under former President Joe Biden's debt forgiveness plan. In 2023, the U.S. Supreme Court blocked that ...

Student-loan borrowers are likely to start feeling the harshest consequences of falling behind on their debt. The Education Department said it’s resuming debt collection on defaulted federal ...

An unnamed major bank increased recovery rates by 30% and cut collection costs in half, ClearGrid claims, while a leading BNPL provider doubled recoveries by automating early-stage debt resolution.

The Fair Debt Collection Practices Act (FDCPA) gives you 30 days from the initial contact to request verification. Once you send this letter, the collector must stop collection activities until ...

When a debt is sold to a collection agency, the new owner of the debt must provide proof that the debt is valid if you request it. Debt collectors are required to send you a written notice, often ...

Abusive medical debt collection is a problem. Here's what the feds are doing. | Opinion Debt collectors must comply with federal law, including not making harassing or abusive calls.

At a minimum, they are violating the Fair Debt Collection Practices Act, which requires debtors to call between 8 a.m. and 9 p.m. in your local time zone.

A debt collection doesn’t have to stop you in your tracks, though. Not only do you have options when it comes to working with a collection agency, but you also have rights as a consumer under ...