Understand your rights under the Fair Debt Collection Practices Act and report any violations to the proper authorities. Before taking any action, request information about the debt from the collector ...

Before you hand over money to a debt collector, take these steps to protect both your finances and your rights.

More and more Americans are finding themselves stuck dealing with collection debt. According to a recent study from TransUnion, more than half of all debt collectors saw their number of accounts ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

An example of good debt is a student loan used to pay for education that increases your earning potential or a mortgage for a ...

When you owe money, it's not unusual for your debt to be assigned to a debt collector. Once that happens, debt collectors might start contacting you on a regular basis in an effort to get paid. But ...