Around 70% of debt lawsuits end in a default judgement in favor of the creditor after the debtor fails to show up to court.
Researchers tracked lawsuits in eight states where collectors use the courts to garnish wages and recover medical, credit ...
A study published last week found debt lawsuits in Alabama reached their highest level in 2025, affecting some of the most vulnerable people in the state. The study by Pew Charitable Trusts, with ...
A loved one's debt doesn't disappear after death, so it's important to know who handles creditor communications.
Knowing what debt collectors can and can't do after a borrower dies could protect your family from costly mistakes.
Worried that creditors will seize your inherited assets over unpaid debt? Here's the likelihood of that happening.
Still, a single phone call from a debt collector about an unpaid balance can make it feel like those protections don't exist, particularly in today's economic landscape, which is plagued by rising ...
Elizabeth Guevara is a personal finance reporter who explains the world of business and economics and how it impacts your finances. She joined Investopedia in 2024. Getty Images Debt collection ...
Discover how debt buyers purchase delinquent accounts, attempt collections, and are governed under state and federal laws, ...
A new report from Pew Charitable Trusts finds 76,000 Utahns faced legal action over outstanding debts last year. A confusing ...
Learn ways to cut hospital costs through financial help programs, bill reviews, and collector settlements, plus tips to ...