If a bill lands in collections, the fallout escalates quickly. So, you should know what to expect and how to fix it.

Debt collectors rarely disappear on their own. Old balances can be sold, resold, and pursued in different ways for years, ...

(NewsNation) — American households owe a record $18.4 trillion, and federal data shows complaints about aggressive debt collection have surged over the past year. The Federal Trade Commission logged ...

After years of warning taxpayers that the IRS will never cold call you to collect a tax debt, things are about to change as the IRS begins handing over some of its debt-collection work to private ...

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 ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Carrying a certain amount of credit card debt or auto debt may not be the end of the world, particularly if you're able to pay ...

No business can prevent collection attempts against all their employees. When an employee starts falling behind, debt collectors begin looking for ways to contact the employee at work to speak with ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

If you’ve received a notice from a debt collector, but have reason to believe you don’t actually owe that debt (or owe a lot less than they say you owe), federal law gives you a brief opportunity to ...

Johnson has said the sale of debt owed to the city is “immoral,” on the grounds that “working people and poor people are ...

The Trump administration will begin to seize student debt repayments from the wages of borrowers in default early next year, ...