#debt-collection
#debt-collection

US politics

Low-Income People Will Face Brunt of Trump's Restart of Student Debt Collections

fromABC7 Los Angeles

Online learning

Credit scores decline for millions as US student loan collections restart

NYC parents

Trump pauses plan to cut thousands of student-loan borrowers' Social Security checks

NYC parents

Thousands of student-loan borrowers are at risk of losing a portion of their Social Security checks starting this month

Defaulted student-loan borrowers risk garnishment of federal benefits starting in June, after a five-year pause on collections was lifted.

Bootstrapping

A boomer who can't afford to retire is facing a big money dilemma: Start paying a $1,414 student-loan bill or lose part of his paycheck

Trump's restart of student loan collections is creating financial strain for borrowers like James Southern, who faces a difficult repayment situation.

fromTruthout

3 days ago

US politics

If Trump Sells Student Loan Portfolio, Avenues of Debt Cancellation Could Close

fromTruthout

US politics

Low-Income People Will Face Brunt of Trump's Restart of Student Debt Collections

fromABC7 Los Angeles

Online learning

Credit scores decline for millions as US student loan collections restart

NYC parents

Trump pauses plan to cut thousands of student-loan borrowers' Social Security checks

NYC parents

Thousands of student-loan borrowers are at risk of losing a portion of their Social Security checks starting this month

Bootstrapping

A boomer who can't afford to retire is facing a big money dilemma: Start paying a $1,414 student-loan bill or lose part of his paycheck

Trump's restart of student loan collections is creating financial strain for borrowers like James Southern, who faces a difficult repayment situation.

more#student-loans

fromPsychology Today

1 week ago

A Small Good Thing

In Raymond Carver's classic short story "A Small, Good Thing" (you may also remember it from Robert Altman's Shortcuts), a mom orders a cake for her son's birthday party. Shortly after, the kid gets hit by a car on his way to school and falls into a coma. The baker, unaware of what's happened, keeps calling the birthday boys' parents and telling them to pick up the goddamn cake. And then-spoiler alert- the kid dies.

Books

fromSFGATE

3 weeks ago

Calif. girl, 9, last seen 1 year ago, reported missing by school official

Authorities are asking the public for help locating a 9-year-old girl who disappeared last year in Santa Barbara County. Melodee Buzzard was reported missing on Tuesday after a school administrator realized she'd been absent for a "prolonged" amount of time, the Santa Barbara County Sheriff's Office said in a news release. Melodee is homeschooled, and no one has checked on her since October 2024, ABC News reported.

California

UK news

fromwww.bbc.com

'I missed a 100 council tax bill while in hospital the debt ballooned to 6k'

A serious injury left a homeowner unable to pay council tax, triggering aggressive debt-collection and bailiff threats that escalated his debts.

Healthcare

fromFortune

fromWashingtonian - The website that Washington lives by.

Health care providers and debt collectors are biting from people's paychecks to cover old medical bills | Fortune

Colorado courts approved thousands of wage garnishments for unpaid medical bills, often for small amounts and even when Medicaid should have covered care.

Washington DC

DC Wins Judgment Against Virginia Ticket Scofflaw, Takes More Out-of-State Drivers to Court - Washingtonian

D.C. obtained a $77,100 judgment and is suing multiple Maryland and Virginia drivers for about $619,632 in unpaid traffic citations.

#late-payments

fromwww.newsshopper.co.uk

UK news

London businesses being hit by late payment: Top debt recovery agencies helping the fight back - London Business News | Londonlovesbusiness.com

London food

Rising unpaid debts in London fuels demand for professional debt collection

Business

How to Recover Unpaid invoices in Warrington: A step-by-step guide for SMEs - London Business News | Londonlovesbusiness.com

fromwww.newsshopper.co.uk

UK news

London businesses being hit by late payment: Top debt recovery agencies helping the fight back - London Business News | Londonlovesbusiness.com

London food

Rising unpaid debts in London fuels demand for professional debt collection

Business

How to Recover Unpaid invoices in Warrington: A step-by-step guide for SMEs - London Business News | Londonlovesbusiness.com

Why Gen Z's credit scores are dropping-and what to do if yours is too

Gen Z's average credit score fell three points to 676, the largest decline among age groups, driven mainly by student loan delinquency reporting after paused payments ended.

Healthcare

fromSlate Magazine

I Found a Nasty Surprise When I Checked My Credit Report. I Thought I'd Defeated It, But It Keeps Coming Back.

Do not pay medical bills for services not received; report recurring fraudulent medical billing to the state department of health and dispute the collections.

US politics

fromenglish.elpais.com

2 months ago

ICE's $1,000-a-day fines pressure immigrants to self-deport

The Trump administration is pursuing over $6 billion in fines against deportation-ordered immigrants, using financial coercion, debt collection, and tax measures to enforce compliance.

UK news

fromwww.theguardian.com

2 months ago

Britain's biggest bailiff firm forced into refunds programme after overcharging

Marston Holdings overcharged individuals for unpaid debts, prompting a refunds programme and regulatory scrutiny.

US politics

fromwww.housingwire.com

fromwww.independent.co.uk

Cypress Loan Servicing settles foreclosure case for $2M

Cypress signed a settlement denying allegations but agrees to ensure consumer protections and compliance with laws regarding mortgage servicing.

US politics

Martin Lewis' charity says DWP is more aggressive than banks' in clawing back debt

The DWP's rapid debt collection practices for benefit overpayments are severe and can significantly impact vulnerable claimants.

Privacy professionals

fromwww.housingwire.com

Lawsuit claims Xactus, Equifax violated Fair Credit Reporting Act

Xactus seeks to transfer a lawsuit regarding unlawfully collected debts and inaccurate credit reporting to federal court.

Law

fromAbove the Law

fromwww.independent.co.uk

Red, White, And Definitely Blue - Above the Law

Enforcing judgments is often more challenging than winning them.

UK politics

Martin Lewis reveals how council tax could change and urges people to act

The Independent advocates for accessible journalism while highlighting key issues like Council Tax reforms and vulnerable populations affected by debt collection practices.

US news

fromFortune

Summer schooling: 2 million student loan holders could have their wages garnished by the government this summer

Nearly 2 million Americans may face wage garnishment this summer due to loan defaults, increasing economic pressure amid policy shifts.

fromFast Company

Credit scores are sinking for millions in the U.S. Here's why

Millions of Americans are seeing their credit scores suffer now that the U.S. government has resumed referring missed student loan payments for debt collection.

Non-profit organizations

US news

fromwww.npr.org

China is now the biggest debt collector in the developing world, report says

China is shifting from lender to debt collector for poorer nations, impacting poverty reduction efforts.

fromThe Local Germany

EXPLAINED: The consequences for not paying off debts in Germany

If you miss a bill, and a few reminders to pay, in the mail, your German bank account can be slapped with a garnishment.

Germany politics

NYC parents

fromNewsday

6 months ago

What should Long Islanders know as student loan debt collection is set to resume in May

Resumption of student loan collections could harm Long Island's economy, especially with its high proportion of degree holders.