Many people feel anxious when a collector contacts them about an old debt, especially when the rules feel confusing. You may wonder whether you can still be sued or whether the debt even matters ...

Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Khadija Khartit is a strategy, investment, and ...

Statutes limit how long you can sue for debts; varies by state and crime severity. Missed deadlines mean you cannot pursue overdue payments legally anymore. Investors must understand these limits, ...

Note that the situation for student loans has changed due to the impact of the coronavirus outbreak and relief efforts from the government and many lenders. Check out our Student Loan Hero Coronavirus ...

For private loans, the statute of limitations ranges from three to 10 years depending on your state of residence. Around 45 million Americans have federal student loan debt, and many people struggle ...

A panel of the U.S. Court of Appeals for the Ninth Circuit recently held that because of the timing of a filing in a collection action against a student loan borrower, his claim that debt collectors ...

The U.S. Court of Appeals for the Sixth Circuit recently affirmed that a debt collector did not violate the Fair Debt Collection Practices Act (FDCPA) when it threatened legal action to collect debts ...

IRS has a 10-year window to collect back taxes – but for many Americans, that doesn’t mean the debt simply disappears. The IRS Collection Statute Expiration Date (CSED) generally gives the government ...