Being served with a debt collection lawsuit may be one of the most stressful financial situations you can face when behind on payments. These legal actions don't come out of nowhere, though. They're ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But while debt settlement can be a great solution for the right borrower ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. But while bankruptcy can be a smart solution to consider in certain ...

Medical debt is the most common type of past-due bill or payment for which consumers are contacted by collection agencies, according to a study by the federal Consumer Financial Protection Bureau. For ...

What happens when the statute of limitations expires? When you stop making payments on a debt and become delinquent, your creditor may send your debt to a debt collector. Debt collectors will attempt ...

Medical debt is the leading type of debt collection in the U.S., leaving many unsure about where to turn when collectors start calling.Doctors and hospitals typically expect payment within 30 days of ...

With debt forgiveness, creditors pardon some or all of your debt. Various types of debt may qualify for forgiveness. Debt forgiveness can offer relief from overwhelming financial burdens, but it does ...

Last week, the Consumer Financial Protection Bureau said it would begin regulating debt collection companies starting at the beginning of 2013. “We now find that debt collection is a central issue of ...

But the Consumer Financial Protection Bureau said 15 million people still had medical bills in their files, which can make it hard to qualify for loans. By Ann Carrns The share of Americans with ...