As you know, debt is a stressful burden, and dealing with collectors can be overwhelming. But what if the debt an agency is trying to collect is actually time-barred? In Minnesota, like many other states, there are laws in place to protect you from being sued for...
Debt collection is a legitimate process, but it sometimes escalates into abusive practices. Understanding what constitutes abusive debt collection is essential for consumers to protect their rights and mental well-being. It's crucial to differentiate between...
A debt collector can call a borrower regarding matters involving their debt. However, some debt collectors use this chance to engage in unfair practices. For this reason, it's crucial to be informed. Here is what to do when you receive your first call: Get the debt...
People take on debt for a variety of reasons. In some cases, people slowly but intentionally accumulate debt through credit card use. Other times, their debts are a result of an unanticipated experience, such as a car crash or a violent crime that leaves them injured....
Debt collection is a big business, and consumers often feel powerless when facing debts that they cannot repay. Thankfully, there are numerous federal laws limiting the activity of creditors and the collection agencies they hire in order to better safeguard the rights...
In the digital era, unwanted robocalls have become an unfortunate reality. Unwanted robocalls have plagued individuals and households for years. These automated phone calls, often generated by machines, inundate phones with pre-recorded messages or connect to...
There are rules about what debt collectors can and cannot do to get people to make good on their financial obligations, and some of their practices come very close to violating those rules. Creditors and the collection agencies that they hire should not engage in the...
There are numerous federal rules that specifically limit the kinds of efforts that businesses can make to collect on different types of debt. Typically, those who pay their debts in full or reach a settlement agreement with a creditor won't have to worry about future...
In its 6-3 decision this week, the U.S. Supreme Court dashed the hopes of millions of Americans struggling with unmanageable student loan debt. The latest SCOTUS ruling now means that those students who would benefit from President Biden’s debt discharge would instead...
Constant harassment from debt collectors is a top source of anxiety for many Americans. The debt combined with abusive collection practices could even lead to a stress disorder. You may know you have rights but are unsure what you can and cannot do when the harassment...
