Could your debt be reduced or forgiven? Take our financial relief quiz. Before a debt collector can pursue you for a debt, they are generally required to first send you a debt validation letter. This ...

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Have you ever received a call from a collection agency or debt collector? While this can be quite alarming at first, it’s important to stay calm. Check Out: You Can Get These 3 Debts Canceled Forever ...

Dealing with debt collectors can be a frustrating process, especially when you're not sure if the debt they're reaching out about is even yours. Mistakes happen, after all, and sometimes old debts ...

When a credit card issuer agrees to forgive a portion of your balance, you may receive an official letter stating that a portion of your debt has been forgiven. This marks a significant milestone in ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Part of the issue is that the recent surge in digital lending and ...

Scammers use texts, calls, emails and letters to create a false sense of urgency about debt repayment. Always ask for detailed information about the debt and the debt collector’s contact details to ...

Receiving a call from a debt collector can be jarring, but you need to remain calm and make sure you’re not on the hook for an IOU you don’t actually owe. Unfortunately, it’s not altogether rare to be ...