Disputing collections debt can protect your credit, but only if you know when it actually makes sense to do so.

The likelihood that a debt collector will sue you over an unpaid balance depends on the debt, the amount and how collectible ...

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

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 ...

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

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 ...

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 ...

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 ...

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 ...