Dealing with debt collection and debt collectors can be one of the most stressful experiences in personal finance. I’ve watched countless people make costly mistakes when facing collection calls, ...

You can ask debt collection companies to stop contacting you at any time, regardless of the communications channel. However, they can still attempt to collect the debt by suing you.

Debt collection agencies must conform to several guidelines outlined by the FDCPA, including but not limited to the following: Must only contact you within regular hours (Between 8 a.m. and 9 p.m ...

That said, a $5,000 debt falls into a sweet spot for many collection agencies — it's large enough to be worth pursuing through legal channels but not so small that the legal costs would outweigh ...

CHICAGO, Jan. 15, 2025 (GLOBE NEWSWIRE) -- More than half (52%) of debt collection companies have experienced an increased or significantly increased volume of accounts placed or acquired over the ...