Medical bills can quickly spiral, so you need to understand your legal exposure if the debt goes to collections.
The claim: It is illegal for collection agencies to buy debt and 'come after you' if you send a cease-and-desist letter A March 27 Facebook post (direct link, archive link) offers advice for consumers ...
When a debt collector sells your account, the process can shift quickly. Here's what borrowers should understand.
Most business owners who invoice customers for goods or services will encounter the occasional late payment. However, if a customer’s invoice due date has come and gone and you can’t get a firm answer ...
Debt collectors have limits, but ignoring them isn't a solid strategy. Here's what happens when debt goes unpaid.
The debt collection industry was estimated to be in excess of $13.4B in 2021 with over 7,000 collection agencies. With such fragmentation in the industry, practices by collectors vary widely and the ...
With the new collection agency rule of the Consumer Financial Protection Bureau (“CFPB”) having taken effect on November 30, 2021, 1 we thought we could help round out your understanding of the ...
Learn the warning signs of debt relief scams and reliable programs to get back on track. By recognizing the warning signs, ...
Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Certain business models seem to have unshakable stigmas associated with them. Sometimes it’s ...
Consumers in Georgia are facing increasing harassment from debt collectors, with reports of collectors pursuing debts that ...
The Latino engagement group Somos Votantes Education Fund partnered with the national nonprofit Undue Medical Debt to write ...
Three of the country’s largest credit reporting agencies are removing nearly 70% of medical debt from consumer credit reports, the companies announced in a joint statement Friday. In addition, unpaid ...
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