Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

On February 26, the New York City Department of Consumer and Worker Protection (DCWP) announced it has adopted, effective September 1, a rule expanding compliance obligations for third-party ...

New York City’s newly finalized Stopping Harassment and Intimidation and Ensuring Lawful Debt (SHIELD) Collection Rule materially tightens debt-collection requirements in the nation’s largest consumer ...

Dealing with debt collectors can be a frustrating process, especially when you're not sure if the debt they're reaching out about is even yours. Mistakes happen, after all, and sometimes old debts ...

Affiliate links for the products on this page are from partners that compensate us and terms apply to offers listed (see our advertiser disclosure with our list of partners for more details). However, ...

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 consumers ...

Millions of Americans carrying medical debt are often subjected to a downward financial spiral including lawsuits, wage garnishment, home liens, and other aggressive debt collection practices. Each ...

The Internal Revenue Service was fairly lenient with past-due tax bills during the pandemic, but collection efforts are back in full force this tax season. The agency is ramping up efforts to collect ...

Scammers use texts, calls, emails and letters to create a false sense of urgency about debt repayment. Always ask for detailed information about the debt and the debt collector’s contact details to ...