Credit card debt is a burden that millions of people carry, often for years on end. While some cardholders manage to diligently chip away at their balances, others may find themselves unable to make ...

What happens when the statute of limitations expires? When you stop making payments on a debt and become delinquent, your creditor may send your debt to a debt collector. Debt collectors will attempt ...

For private loans, the statute of limitations ranges from three to 10 years depending on your state of residence. Around 45 million Americans have federal student loan debt, and many people struggle ...

Christina Majaski writes and edits finance, credit cards, and travel content. She has 14+ years of experience with print and digital publications. Khadija Khartit is a strategy, investment, and ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Right now, many Americans are struggling with old debts that refuse to ...

IRS has a 10-year window to collect back taxes – but for many Americans, that doesn’t mean the debt simply disappears. The IRS Collection Statute Expiration Date (CSED) generally gives the government ...

The U.S. Court of Appeals for the Sixth Circuit recently affirmed that a debt collector did not violate the Fair Debt Collection Practices Act (FDCPA) when it threatened legal action to collect debts ...