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

Disputing collections debt can protect your credit, but only if you know when it actually makes sense to do so.

The debt collection industry was estimated to be in excess of $13.4B in 2021 with over 7,000 collection agencies. With such fragmentation in the industry, practices by collectors vary widely and the ...

Most business owners who invoice customers for goods or services will encounter the occasional late payment. However, if a customer’s invoice due date has come and gone and you can’t get a firm answer ...

Fake debt collection is one of many all-too-familiar text scams. However, sometimes scammers will use an existing business's name and information to fake legitimacy. Recently, consumers in the area ...

Although debt collection agencies often have a (sometimes well-deserved) poor reputation, they can provide essential services to businesses to free up capital, help maintain good relationships with ...