You may have a legal obligation to repay old debts, but there are also strict limits on debt collectors' tactics.

The likelihood that a debt collector will sue you over an unpaid balance depends on the debt, the amount and how collectible ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Carrying a certain amount of credit card debt or auto debt may not be the end of the world, particularly if you're able to pay ...

You may have options if a debt settlement no longer feels right, but the timing, paperwork and payments matter.

Getting calls from debt collectors can be unsettling, but if you encounter these red flags, chances are you're dealing with a ...

A debt can be sold to a collection agency if you miss several payments on an account. A collection account stays on your credit report for approximately seven years. Collection accounts decrease your ...

With federal oversight in retreat, deep-pocketed collection companies are aggressively pursuing down-and-out consumers who are struggling with record levels of credit card debt. Meanwhile, consumer ...

If your debt is sent to collections you'll need to take immediate steps to avoid the financial impacts. / Credit: Siriporn Kaenseeya / EyeEm If you have debts in collection, you're not alone. In ...

After a long pandemic pause, the federal government has flipped the switch back on for defaulted student loans, and the ...

To remove Capital One Collections from your credit report, you first need to know who currently owns the debt. In other words, has Capital One sold your unpaid credit card debt to another collection ...

Affiliate links for the products on this page are from partners that compensate us and terms apply to offers listed (see our advertiser disclosure with our list of partners for more details). However, ...

Could your debt be reduced or forgiven? Take our financial relief quiz. When you let credit card payments, loan payments and other bills go unpaid for long enough, debt collectors eventually come ...