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debt collection News

Op-Ed: 35% of U.S. in debt means high school must teach personal finance

With 35 percent of American adults in debt collection, hindering their credit scores, we need all 50 U.S. states to require personal finance, in addition to the usual economics, in the mandatory high school curricula.

Latvian bank fights Russian oil & gas firms for loan Special

What’s it like to wrestle an outstanding debt from Russian “oligarchs"? The Latvian state’s distressed asset management agency shares some of its recent experiences.

Debt collector berates disabled veteran - 'you should have died'

Phoenix - A federal law suit has been filed against a Minnesota-based law and collections firm after an employee with the firm told a disabled Army veteran he “should have died”.

Woman battles to collect $10 million judgment from debt collector

Wheeling - A West Virginia woman was fed up with a debt collection company that had threatened to take her family's property when they were not even in debt.

Breast cancer survivor jailed over unpaid medical bill

Herrin - An Illinois woman recently found herself under arrest and put in debtors' prison over an unpaid $280 medical bill she didn't even owe in the first place.

Review: The Sheriffs Are Coming

In the old Wild West, a certain type of cowboy would end up in the bad books of the sheriff. In modern Britain, the same thing often happens.
 

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