Debt collectors have limits, but ignoring them isn't a solid strategy. Here's what happens when debt goes unpaid.

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 ...

A growing number of people are finding themselves living paycheck to paycheck right now. Due to the ongoing government ...

That's part of why the latest data shows that household debt is climbing yet again — a sign that more borrowers are feeling ...

Nearly 71 million Americans have debts that have gone into collections. So, what do you do if a collector calls? Don't panic, Nina Pineda has your consumer bill of rights.

Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. If you’re a business owner extending ...

Good debt can increase your net worth and build in value over time. Bad debt is money spent on items that lose their value. Balancing good and bad debt is important to your financial wellbeing. While ...

Household debt just hit a new all-time high. Here's how to slash your high-rate card balances before they spiral.

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 ...

The amount of bad debt stemming from patients with insurance increased more than five-fold in a three-year period, hitting providers' financial statements in an already challenging environment. Almost ...