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

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

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 ...

Finding a financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to three fiduciary financial advisors that serve your area in minutes. Each advisor has been vetted by ...

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

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J. Brock is a CFA and CPA with more than 20 years of experience in various areas ...

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 ...