When a debt collector sells your account, the process can shift quickly. Here's what borrowers should understand.

Debt falls on a spectrum. Mortgages and student loans can build long-term value, while high-interest credit cards and payday ...

Disputing a debt can be smart in some cases, but the process can also get complicated. Here's what to know now.

Rebecca Lake is a certified educator in personal finance (CEPF) and a banking expert. She's been writing about personal finance since 2014, and her work has appeared in numerous publications online.

(WJAR) — It's bad enough having a debt collector come after you when you owe money. It's even worse when you don't owe them a dime! “What these phantom debt collectors do is they will try and collect ...

TEXAS, USA — When you think of all your bills, which do you think might be the most common type of debt on credit reports that are flagged as being in collections? Is it rent, mortgage, credit cards, ...

In a recent decision, U.S. ex rel. Sibley v. Univ. of Chicago Medical Center, the U.S. Court of Appeals for the Seventh Circuit considered allegations that two medical billing and debt collection ...

NEW YORK -- One of the big letdowns some new business owners suffer during income tax season is when they find out they can't deduct their bad debts -- bills their customers didn't pay during the ...

A charge-off is when a lender writes off your account as a loss and closes the account for further use. You are still legally responsible for the balance that is charged off. The lender may transfer ...