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Debt Collection

Think Twice Before Borrowing for Your Kid's College

NerdWallet | Posted 02.13.2017 | College

Sixty-year-old Pamela Last doesn't have a college degree -- but she has roughly $200,000 in student debt. Like a growing number of parents, Last took...

Forget the Candidates, How Healthy Is Your Business?

Marta Segal Block | Posted 09.29.2016 | Business
Marta Segal Block

If you're waiting until you've fired a client for not paying you to think about collecting money from that client, you may have waited too long to seek treatment. Here are steps you can take to make sure the health of your business doesn't suffer from unpaid invoices.

Dealing With a Collection Agency and Medical Debt

Nurse Katz | Posted 04.18.2016 | Healthy Living
Nurse Katz

I received a bill from a medical facility that I felt was unreasonable and did not think it was even the correct amount, so I did not pay it. Now it has turned my account offer to a collection agency. Can they do that?

How Can I Hide From the Student Loan Collector?

Steve Rhode | Posted 01.19.2017 | Business
Steve Rhode

Rather than spending your life energy to hide from the collector, it would be more beneficial to come forward with a real plan to deal with the situation.

Online Reviews Could Kill Your Credit Score

Jeanne Kelly | Posted 11.04.2016 | Business
Jeanne Kelly

She wrote a negative review online after an online retailer failed to send her the goods she'd ordered. Reasonable, right? Well, it turns out that when the purchase was made online, she had unknowingly agreed to an "anti-disparagement clause" and was then slapped with a $3,500 fine as a result of writing the negative review.

The House GOP Wants Private Debt Collectors To Take Over IRS Jobs

The Huffington Post | Zach Carter | Posted 11.03.2015 | Politics

WASHINGTON -- House Republicans are pushing to give private debt collectors the right to target all unpaid tax bills, handing a traditional IRS respon...

Education Department Pays Debt Collectors Millions After Finding Wrongdoing

The Huffington Post | Shahien Nasiripour | Posted 10.27.2015 | Politics

Large student loan debt collectors that the U.S. Department of Education in February vowed to fire after accusing them of misleading troubled borrower...

Why Hospital Prices Are So Out Of Control

Diane Archer | Posted 07.10.2016 | Fifty
Diane Archer

Hospital prices are rising way faster than inflation, particularly among the for-profit hospitals. The 50 hospitals with the highest markups have list prices for their services that are easily 10 times more than what Medicare pays.

I'm About to Lose Everything. Help!

Steve Rhode | Posted 05.28.2016 | Money
Steve Rhode

I can't see where a debt management plan is going to be helpful for you. The issue seems to be, for whatever reason, you've found yourself again in a situation where you living expenses exceed your income.

The Deadly Aftershocks of Medical Debt on Your Credit Report

Jerry Ashton | Posted 05.22.2016 | New York
Jerry Ashton

Thanks to muscular promptings by NY State Attorney General, Eric Schneiderman, the three major U.S. credit reporting agencies announced changes in the way in which medical debt will be scored when they deliver an individual's credit report.

4 Debt Collection Options for Entrepreneurs

Steve Cook | Posted 05.18.2016 | Small Business
Steve Cook

Peyton is a freelance journalist who has written for many publications, mostly in her local area. She felt lucky when she found a publication willing to pay her more than the usual $50-75 per story that most other publications offered.

NC Senator Michael Lee Article Rattled Some Debt Collection Feathers

Steve Rhode | Posted 06.30.2015 | Money
Steve Rhode

In North Carolina, it would be silly to buy a home or car without documentation and evidence the purchase is legitimate or know the identity of the property and have it well documented. So why does it not make logical sense to make sure purchased bad debt can be authoritatively documented as well?

How Can I Get the Debt Collector to Stop Bothering Me?

Steve Rhode | Posted 05.24.2015 | Money
Steve Rhode

Question: Dear Steve, I'm getting really tired of being hassled for an old debt I don't owe. I keep trying to explain to the debt collectors th...

How Nonprofit Hospitals Are Seizing Patients' Wages

ProPublica | Paul Kiel, Chris Arnold (NPR) | Posted 12.19.2014 | Business

About 30 million Americans remain uninsured, in part because some states, like Missouri, have not expanded Medicaid to cover more of the poor.

I'm Being Sued Over an Old Debt I Don't Recognize. What Do I Do?

Steve Rhode | Posted 11.22.2014 | Money
Steve Rhode

Huffington Post Reader Question Dear Steve, Some debt collector has been contacting me by phone about an old debt I know nothing about and saying I ...

Hunter Stuart

It's Disturbingly Likely That Your Credit Report Is Wrong | Hunter Stuart | Posted 08.11.2014 | Business

Jeffrey Beaubien likes to review his credit score on his birthday every year. The 47-year-old father of two has good reason to stay on top of his c...

Hunter Stuart

Debt Collection 'Factory' Preyed On Broke Americans: Lawsuit | Hunter Stuart | Posted 07.28.2016 | Business

A federal watchdog is suing a collection agency that allegedly operated like a "factory" churning out lawsuits against cash-strapped borrowers, often ...

Rick Scott Dogged Over Unfair Debt Collection Practices

Bloomberg | Toluse Olorunnipa | Posted 07.01.2014 | Politics

More than 10 U.S. states have reduced unemployment benefits since 2011, and Republican Governor Rick Scott has made Florida’s program the least gene...

Hunter Stuart

Debt Collectors Have Figured Out A Way To Seize Your Wages And Savings | Hunter Stuart | Posted 06.03.2014 | Business

People with overdue bills have long complained of harassment from debt collectors, from late-night phone calls to frightening in-person visits. Now it...

Debt Collectors Could End Up Hounding You Even If You Have No Debt

The New Republic | DAVID DAYEN | Posted 04.01.2014 | Business

Last month, Amrit Singh, an adjunct professor at Hostos Community College in the South Bronx, received a letter from the New York City Marshal, advisi...

7 Strategies to Pay Down Your Debt

Jeanette Pavini | Posted 03.24.2014 | Women
Jeanette Pavini

With holiday spending and New Year's resolutions fresh in our mind, January is a good month to get serious about paying down your debt.

Debt Collectors Are More Likely To Go After Black People

The Huffington Post | Emily Cohn | Posted 12.17.2013 | Business

A new survey finds that African-Americans are much more likely than whites to be called by debt collectors, despite both groups reporting relatively e...

Reflecting on Rescuing Stranded Starfish and Abolishing Medical Debt

Jerry Ashton | Posted 01.23.2014 | New York
Jerry Ashton

What was it like to open up a letter announcing that the burden of a large medical debt had been taken away? "I was dumbfounded," replies Terrance Lavalle, referring to a letter he received in November from Occupy Wall Street's working group, "The Rolling Jubilee."

An Open Letter to the CFPB

Bill Bartmann | Posted 01.23.2014 | Business
Bill Bartmann

Having spent a lot of time thinking about this problem, I want to offer to you five simple ideas that will suppress the "criminal enterprise", uplift families, protect the safety and soundness of the banking system and ensure a functional credit and debt collection process.

Chris Kirkham

Text-Messaging Debt Collector Hit With $1 Million Fine | Chris Kirkham | Posted 09.26.2013 | Business

The personalized text messages went out to more than a million cell phones over the last 18 months, warning of a critical legal issue. "It is URGEN...