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.

Just knowing you owe money that you can't afford to pay is stressful, but the situation becomes even more tenuous when debt collectors enter the picture. When that happens, the tactics they use to ...

CHARLOTTE, N.C. — Faced with the same foe, others might have folded, but Shari Spector fought one of the country's largest debt collectors ... Records show that early on, she made payments ...

My 72-year-old mom was pressured into paying $200/month for decades-old debt — collectors threatened her credit, even court time. After 1 year of payments, can she just stop? In the wake of her ...

The government records show that the amount of public debts increased more than double in the past five years. By FY 2018/19, ...

On the other hand, the debt collection industry is hopeful that the mandate will only help organise the recovery and collections industry. “I believe this step by the regulator will encourage banks to ...

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