When a debt collector contacts you, follow these steps to verify the debt: First, don't acknowledge the debt or provide any ...

This is sometimes referred to as “charging off” the account. Sometimes collection agencies sell entire portfolios of debt accounts to each other. The reason for this is that the creditor ...

California’s new debt collection law is set to shake up the commercial finance industry, imposing strict consumer-style protections on small business loans. With hefty restrictions on collection ...