On September 5, 2024, the Consumer Financial Protection Bureau (CFPB) released its annual report on debt collection, drawing attention to a range of activities with respect to medical and rental debt ...

Some of these loans — known as zombie mortgages — were reportedly sold to debt buyers for pennies on the dollar, despite many homeowners having received tax forms years earlier indicating the debts ...

ALBANY- The number of hospital debt lawsuits and debtors have plunged following changes to state laws around medical debt collection, according to a new report by an advocacy organization. The eight ...

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

Some states have filial responsibility laws that let creditors turn to adult children for payment of their parents' health care costs. Filial responsibility laws need to be triggered before going into ...

High-rate debt has become an increasingly common part of many people's financial lives over the last decade and the economic issues that have been looming recently, like sticky (but now cooling) ...

Assemblywoman Amy Paulin, chair of the Assembly’s Health Committee, said grassroots organizing and effective messaging has helped reduce the aggressive debt collection tactics of many hospitals.