What happens if a debt collector lies about my debt? If a debt collector makes false statements about your debt, they are violating the FDCPA, and you may have grounds to take action.

Legally speaking, a debt collector cannot garnish your wages without some form of notification. However, this doesn't always ...

Being served with a debt collection lawsuit may be one of the most stressful financial situations you can face when behind on ...

Old debt disappears from your credit report after seven years, but debt collectors could still sue you over it. Getty Images You've probably heard that debts "fall off" your credit report after ...

A debt collector has the ability to access your bank account, but with limitations. Here is what a debt collector can and can’t do with your bank account.

It’s not unusual for a debt to be turned over to a debt collector. But it’s the debt collector’s responsibility to provide proof that they own the debt when asked.

Whether a debt collector can take your stimulus check depends on a number of factors. getty. One of the signature features of President Biden’s $1.9 trillion stimulus legislation he signed into ...

If a debt collector does reach out through social media, it’s supposed to be through a private message and not, say, on a Facebook thread that everybody can see.

The claim: It is illegal for collection agencies to buy debt and 'come after you' if you send a cease-and-desist letter A March 27 Facebook post (direct link, archive link) offers advice for ...

If a collection firm fails to collect or work out a payment plan with a borrower, it can file a lawsuit. Over the two decades ending in 2013, the number of debt-collection suits nationally more ...

As consumer debt rises in the United States, rulings such as the U.S. Supreme Court's recent decision in Obduskey v. McCarthy & Holthus, are increasingly more important to the consumer debt industry.

Can a debt collector get into your bank account? Yes, if they've obtained a court order requiring your bank to freeze your account. Learn how to avoid this risk.