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 ...

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, ...

Roughly 100 million Americans carry some form of medical debt, including many Virginia patients. In the 2025 session, the ...

Collection accounts have become a common issue for borrowers in today's economic landscape. Between issues like persistent inflation, elevated borrowing rates and tighter household budgets, millions ...

MINNEAPOLIS — Concerns about medical debt filled the Minnesota State Capitol in 2024, as advocates helped rally support for a series of protections known as "The Debt Fairness Act," but that political ...

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 ...