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

As those living in the southwestern United States enter the dog days of summer, debt collectors are especially feeling the heat. As if complying with the myriad of state and federal regulations ...

Some of these loans — known as zombie mortgages — were reportedly sold to debt buyers for pennies on the dollar, despite many homeowners having received tax forms years earlier indicating the debts ...

The statute of limitations also plays a critical role. Each state sets time limits on how long a creditor can sue you for ...

Learn what is the statute of limitations on debt, how it varies by state and when debt may no longer be collectible. See how ...

ALBANY- The number of hospital debt lawsuits and debtors have plunged following changes to state laws around medical debt collection, according to a new report by an advocacy organization. The eight ...

Licensure Requirements. Notably, the Collection Law amends California's debt collection licensing laws to exclude commercial debt collection. 10 As such, commercial entities subject to the terms of ...

Debt collection can be an unpleasant business, but it's a big one. The industry generates $12.2 billion in revenue for the roughly 4,500 firms chasing down borrowers who owe money on credit cards, ...