Key Takeaways Commercial debt collection agencies typically charge contingency fees ranging from 15% to 50% of ...

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

CHICAGO, Jan. 15, 2025 (GLOBE NEWSWIRE) -- More than half (52%) of debt collection companies have experienced an increased or significantly increased volume of accounts placed or acquired over the ...

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 ...

You may have a legal obligation to repay old debts, but there are also strict limits on debt collectors' tactics.

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

Pay-for-delete promises to erase collection debt from your credit report, but the results of this strategy can vary.

Get to know the research on debt collection lawsuits, racial disparities in judgments, and a big slice of consumer debt: ...