Get your business out of debt with our guide to the debt collection process and see expert-backed advice for dealing with ...

WalletHub collected data from the end of 2025 and ranked the states with the most and least debt collection accounts.

Certain types of loans are secured by property. This gives the lender the ability to repossess the secured asset if you stop making payments. Mortgage debt is a type of secured debt: Your mortgage is ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J. Brock is a CFA and CPA with more than 20 years of experience in various areas ...

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 ...

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 ...

Understanding what happens when your debt gets sold can help you make informed decisions about how to handle these situations ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Whether you owe it or not, receiving a debt collection notice can conjure up feelings of anxiety, worry and perhaps confusion, ...

The Consumer Financial Protection Bureau on Friday ordered Commonwealth Financial Systems, a debt collection agency specializing in medical debt, to shut down as a result of what CFPB determined were ...