On October 1, 2024, the Consumer Financial Protection Bureau (CFPB) issued an advisory opinion titled Debt Collection ...

And, that type of financial pressure can snowball even more over time, leading to late payments and defaults, which in turn attract the attention of debt collection agencies. That, in turn ...

The CFPB said the new rule will remove an estimated $49 billion in medical bills from the credit reports of about 15 million Americans.

If they believe they can secure a larger payment by continuing negotiations or pursuing other collection methods, they may choose to reject your offer. Find out what your debt relief options are ...

It was used to to create the graphics "So Sue Them: What We've Learned About the Debt Collection Lawsuit Machine," by Paul Kiel and Lena Groeger. In order to download this data, you must agree to ...

The Consumer Financial Protection Bureau (CFPB) is on a mission to protect consumers from illegal medical debt collection practices. It issued advisories in October identifying illegal practices ...

“Our latest estimates are that at least 2.5 million debt collection lawsuits get filed each year,” said Lester Bird, Principal Associate for the Civil Legal System Modernization team at the Pew ...