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 ...
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 ...
When a debt collector sells your account, the process can shift quickly. Here's what borrowers should understand.
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 ...
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 ...
Consumer Protection B.C. fined Scotiabank for making over 100 calls demanding payment from a debtor. What should have happened?
Consumers in Georgia are facing increasing harassment from debt collectors, with reports of collectors pursuing debts that ...
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