I Cosigned a Loan and They Stopped Paying. Here’s What to Do Right Now.
Cosigned a loan and the borrower stopped paying? You’re 100% liable — but you have real options. Here’s exactly what to do right now.
Abusive Debt Collection
They Said Once a Debt Falls Off Your Credit Report, You Don’t Owe It Anymore. Not True.
A debt falling off your credit report after 7 years doesn’t erase it. Three separate clocks are running — here’s what the CFPB actually says about old debt.
A Debt Collector Is Threatening to Sue Me. Here’s What to Do Right Now.
A debt collector threatening to sue may be bluffing — or they may mean it. Here’s how to tell the difference, your rights under federal law, and what to do in the next 48 hours.
Is Kohn Law Firm Legit in 2026? Here’s How to Find Out
Kohn Law Firm S.C. collecting from you? Research their CFPB complaints, BBB profile, and enforcement history — plus what to do if you’ve been sued.
Private Credit Funds Now Hold $350 Billion of Your Debt — Why Collection Is About to Get Worse
Private credit firms now hold $350 billion in consumer debt. When their investors demand returns, collection gets more aggressive on your loans and credit cards. Your FDCPA rights do not change, but you may need to enforce them.
Maine Just Changed the Medical Debt Rules. Don’t Pay That Hospital Bill With a Credit Card.
Maine just banned wage garnishment and home liens on medical debt. But paying with a credit card strips every one of those protections. Here’s what to do instead.
Washington State Just Forced a Collection Agency to Erase $1.5M in Medical Debt. Here’s What That Tells You About Your Own Bill.
Washington’s AG just proved collectors can be forced to erase medical debt when they skip the notice rules. What that means for your collection letter.
What Happens If You Default on a Merchant Cash Advance (From Someone Who Has Seen This Before)
What happens after MCA default changes everything: UCC liens, frozen accounts, personal guarantees — and why courts are now ruling in your favor
NY AG Secures $2.4M Debt Relief from Monterey Finance
Quick Answer: New York Attorney General Letitia James forced Monterey Financial Services to cancel $2.4 million in debt for 835 consumers. The company disguised predatory leases as normal financing, charging hidden fees that made a $2,000 puppy cost nearly $3,600.Here is a perfect example of the debt collection industry doing what it does best: finding …
FTC Crackdown on Debt Collectors: Is It Legit?
Quick Answer: Yes, the FTC crackdown on debt collectors is legitimate and highly active. In 2014, the agency filed a record 10 new cases against 56 defendants, obtained $140 million in judgments, and permanently banned 47 companies and individuals from debt collection.Agency’s Activities over the Past Year Detailed in Annual Summary Provided to CFPBOver the …
