Could your debt be reduced or forgiven? Take our financial relief quiz. Before a debt collector can pursue you for a debt, they are generally required to first send you a debt validation letter. This ...

So, you’re dealing with unpaid invoices and thinking it’s time to send a collection letter. It’s not just about reminding them to pay up; it’s about doing it right. You want to be firm but not burn ...

Think you can ignore a $50 debt without consequences? Think again. While there’s no legal minimum for collections, even tiny ...

Key Takeaways Commercial debt collection agencies typically charge contingency fees ranging from 15% to 50% of ...

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 ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Whether you owe it or not, receiving a debt collection notice can conjure up feelings of anxiety, worry and perhaps confusion, ...

Warning to lawyers who do debt-collection work: Using the word “could” in a dunning letter could get you sued. In its 10-page opinion in Brown v. Card Service Center, the 3rd U.S. Circuit Court of ...

Freedom Debt Relief reports that negotiating credit card debt can lead to lower payments, waived fees, or partial forgiveness ...