If you're behind on payments, you should know what the odds are that a debt collector will take legal action.

You may have a legal obligation to repay old debts, but there are also strict limits on debt collectors' tactics.

Debt collectors can pursue old debts with the threat of lawsuit until the statute of limitations expires. The statute of limitation varies by state and debt type. Once the statute of limitations ...

When you owe money, it's not unusual for your debt to be assigned to a debt collector. Once that happens, debt collectors might start contacting you on a regular basis in an effort to get paid. But ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. In 2023 alone, the Consumer Financial ...

If you fall behind on your bills, making a few stressful calls and negotiating with the debt collector could lead to working out a payment plan. It's not an ideal scenario, of course, but once it's ...

(InvestigateTV) — Getting a call from a debt collector can feel overwhelming—and intimidating. But consumer advocates say the worst thing you can do is panic or pay right away. Before taking action, ...