Credit Counseling

The article advises U.S. credit card borrowers to consider beginning debt-relief efforts entering July 2026. It states that average credit card interest rates remain...

The article explains whether a surviving spouse can be held legally responsible for a deceased partner's unpaid medical bills. Generally, unpaid medical bills become...

The CBS News article explains that federal disability benefits (such as SSDI) are largely protected from most private creditors, though collectors can still contact ...

A court judgment against a borrower does not automatically deliver money to a creditor but gives the creditor legal authority to use court-approved collection tools....

The CBS News article explains that mortgage interest rates, which fell by about one percentage point in 2025, have experienced volatility in the first half of 2026 a...

The article explains that after missed payments and creditor collection activity, a creditor who sues and obtains a court judgment may freeze (levy) a debtor's check...

Creditors who believe a borrower has defaulted may file a civil lawsuit, starting with a summons and complaint; if the defendant does not timely respond, a default j...

The article explains what assets creditors commonly pursue after obtaining a court judgment for unpaid consumer debts. Typical collection methods include bank levies...

Bank account freezes restrict some or all activity on an account (withdrawals, debit card use, transfers, bill payments) and can result from several causes. While fr...

CBS News reports that record levels of credit card debt and average interest rates near 22% have increased delinquencies and collections activity. As a result, more ...

CBS News outlines why debt consolidation is not a guaranteed way to save money in May 2026. Household debt and credit-card interest rates remain high, and personal l...

CBS News explains that many borrowers who enrolled in debt relief programs are finding monthly payments harder to manage due to high borrowing costs, rising inflatio...