WASHINGTON — The federal government’s consumer financial watchdog plans to crack down on the nation’s 4,500 debt collectors with new regulations to ensure that collectors are going after the right ...

New rules approved by the Consumer Financial Protection Bureau that became effective on Nov. 30 clarified certain provisions of the Fair Debt Collection Practices Act. “We are finally leaving 1977 ...

A debt collection trade group filed a complaint in federal court challenging a CFPB advisory opinion that warned debt collectors against seeking payment on unverified or potentially inflated medical ...

The pressure is off for collectors of debts owed by New Yorkers for now, under a New York City regulation that has been years in the making, and which has already seen its effective date postponed ...

Retirees aren't immune to debt collection, but what creditors can actually do to collect depends on a few factors.

New York City’s Department of Consumer and Worker Protection (NYC DCWP) recently released a notice of proposed amendments to its debt collection rules. The proposed amendments are detailed, lengthy, ...

Debt collection is already a regulated process for civilians, but things change entirely when the person owing money is actively serving in the military. In these cases, standard procedures no longer ...

If you use credit cards, owe money on a personal loan, or are paying a home mortgage, you are a "debtor." If you fall behind in repaying your creditors, or an error ...

If a retiree stops paying credit card debt, the timeline of consequences generally mirrors what younger borrowers face. That ...

High-rate debt has become an increasingly common part of many people's financial lives over the last decade and the economic issues that have been looming recently, like sticky (but now cooling) ...

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