WalletHub collected data from the end of 2025 and ranked the states with the most and least debt collection accounts.

The statute of limitations also plays a critical role. Each state sets time limits on how long a creditor can sue you for ...

The amount you owe may also be subject to your state's statute of limitations, which typically ranges from three to 10 years, ...

Most business owners who invoice customers for goods or services will encounter the occasional late payment. However, if a customer’s invoice due date has come and gone and you can’t get a firm answer ...

You may have a legal obligation to repay old debts, but there are also strict limits on debt collectors' tactics.

Disputing collections debt can protect your credit, but only if you know when it actually makes sense to do so.

The Consumer Financial Protection Bureau on Friday ordered Commonwealth Financial Systems, a debt collection agency specializing in medical debt, to shut down as a result of what CFPB determined were ...

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, ...