On October 14, the Maryland Office of Financial Regulation (OFR) issued regulatory guidance explaining three new state laws governing the collection and reporting of medical debt. The guidance ...

Since 2019, the number of hospital lawsuits against patients in New York has fallen from 14,000 to 100 annually.

Many borrowers think that making payments shields them from legal trouble, but the reality isn't always so simple.

Knowing your rights during debt collection can protect you from harassment, misinformation and costly mistakes.

Debt collection generates more fraud reports to the FTC than any other industry, according to the agency. But even legitimate ...

New federal data shows debt collection calls have jumped more than 200 percent in the past year, flooding phone lines ...

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 ...

Last week, the Consumer Financial Protection Bureau said it took the first step toward considering consumer protection rules for the debt collection market. Through its Advance Notice of Proposed ...

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 ...