The Consumer Financial Protection Bureau said Friday it has ordered medical debt collector Commonwealth Financial Systems of Dickson City, Pa., to cease operations and pay a $95,000 penalty for ...

If the debt seems unfamiliar or has already been resolved, keep notes about the interaction and ask to speak with a human ...

Artificial intelligence offers debt collection companies the opportunity to vastly improve margins while achieving higher levels of regulatory compliance and maximizing scalability, writes Ohad Samet, ...

Getting served with a lawsuit over unpaid medical bills can be both frustrating and scary, especially when you're already dealing with the aftermath of an illness or injury. It's a real issue millions ...

I don’t have money to give. Just go back.” At 2 p.m. on the 19th of last month, Park, 49 years old, who lives in an apartment ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Financial authorities have decided to transition the debt collection business for purchased receivables from a registration ...

WASHINGTON — If you owe a debt, you should make every effort to pay it. After all, you’ve enjoyed the services or goods that your debt bought. And companies have a right to try to collect or even sell ...