With lawmakers looking at rolling back limits on companies that buy up and attempt to collect old debts, Chapel Hill lawyer Suzanne Begnoche is reminded of the case of two Elaine Johnsons. Begnoche's ...

Achieve reports that credit card companies can sue for unpaid debts, typically after six months of delinquency.

Private companies are buying the consumer debt of Virginians at a fraction of the loan amount, and then suing them to try to recover it and a new analysis found the lawsuits frequently go unchallenged ...

With federal oversight in retreat, deep-pocketed collection companies are aggressively pursuing down-and-out consumers who are struggling with record levels of credit card debt. Meanwhile, consumer ...

Credit card debt is a common challenge, which means there are a lot of tools out there for overcoming it. You have options for credit card debt relief that can make it easier to handle and get you ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Debt sales happen more often than borrowers realize, though, and they ...

When a debt goes unpaid for long enough, it can move through a series of hands, first the original creditor, then a third-party debt collector and sometimes even multiple agencies afterward. Each ...