Starting in spring of 2017, the IRS plans to allow private debt collection agencies to retrieve outstanding tax debt from consumers on behalf of the government. Signed into federal law... read more →
Dealing with debt collection agencies is never pleasant and you may find that some are especially persistent —and rude. While debt collectors are required to follow certain laws and regulations,... read more →
Have you ever had a crazy debt collector who just wouldn’t leave you alone? I’m talking about the kind of bill collector that calls you at all hours of... read more →
Dealing with debt collectors is stressful. They call at all hours of the day and night. They hound you for money - whether you're working or unemployed. And they generally... read more →
When your debt is sold to a collection agency, some debt collectors might use the threat of court action to try to intimidate you in order to get you to... read more →
Fortunately, there is one recent change to the world of credit scoring concerning small debts, which are sometimes called “nuisance” collection accounts. In August 2009, Fair Isaac rolled out to... read more →
Q: I live in Michigan and lost my job in may 2009. I have quite a bit of credit card debt that is in my name only. My only income is... read more →
If harassing calls from debt collectors are keeping you from answering the phone -- or stressing you out -- you're not alone. Amid the tough economy, debt collection activity has... read more →
Q: I have a recent outstanding debt on my credit report. When I settle it, can the collection agency state as part of their negotiation that they will also remove... read more →
Q: Should I pay off old debt from department store credit cards that are at least 10 years old? It seems like my creditors re-sell my old credit accounts to... read more →
A Facebook fan who has a medical bill that got overlooked after she lost her job was contacted by a debt collection agency who said they have added $150 to... read more →
If you can't pay a debt, creditors are willing to settle out of court with you for a lump sum payment of less than the amount you owe, or a... read more →
Consumers often pay off debt for which creditors can no longer seek legal action because the Statute of Limitations has already expired for the account. Consumers pay off these accounts... read more →
Beware of calls from "zombie" debt collectors. These are bill collectors that try to get people to pay money on debts that were allegedly incurred 10, 15 or even 20... read more →
