This will also reduce the borrower’s ability to obtain a mortgage or any type of debt in the future. Some lenders may choose to serve the delinquent borrower with a notice of intention rather ...

After all, debt buyers tend to purchase delinquent accounts in bulk ... Debt collectors are required to send you a written notice, often called a "validation notice," within five days of their ...

There are laws and time limits that debt collectors must adhere to when filing a lawsuit. Here's what to know.

That said, if you owe the IRS but can't pay, the situation isn't hopeless. There are a few pathways for taxpayers to resolve ...

Most of the medical debt didn't belong to the poorest patients, but rather insured people in the middle and lower-middle ...

was the subject of a filed lien notice or a completed levy. Key Points of Law: Serious Delinquent Tax Debt. Section 7345(a) of the Code provides that, if the IRS certifies that a taxpayer has a ...

Data from the Philadelphia Federal Reserve indicates the rate of total borrowers in the area with several delinquent credit card debt reached 14.7% at the end of 2023, the most recent data available.

The Minnesota Department of Revenue is now posting notices about liquor establishments with delinquent taxes owed to the state online. These businesses are prohibited from buying and re-selling ...