If you use credit cards, owe money on a personal loan, or are paying a home mortgage, you are a "debtor." If you fall behind in repaying your creditors, or an error ...

NEW YORK — The next text message you receive may not be a funny picture from your mom, or an update on how late your friend will be to brunch. It could be a debt collector. The Consumer Financial ...

The bill would prohibit medical debt from appearing on credit reports, ban wage garnishment and cap interest at 3%, down from ...

WASHINGTON — The federal government’s consumer financial watchdog plans to crack down on the nation’s 4,500 debt collectors with new regulations to ensure that collectors are going after the right ...

When debts go to collections, the balance can suddenly grow. Here's why that happens and what you should do next.

A debt collection trade group filed a complaint in federal court challenging a CFPB advisory opinion that warned debt collectors against seeking payment on unverified or potentially inflated medical ...

Dear Action Line: Does the Fair Debt Collection Practices Act mentioned Saturday apply to "first party" lien holders such as banks and credit unions? Please don't publish my initials. I could get in ...

Debt collection is already a regulated process for civilians, but things change entirely when the person owing money is actively serving in the military. In these cases, standard procedures no longer ...

The pressure is off for collectors of debts owed by New Yorkers for now, under a New York City regulation that has been years in the making, and which has already seen its effective date postponed ...