Debt Collectors are in a tough spot. They get blamed for all evil-doing when it comes to calling consumers and asking payment for debts owed. What is almost never talked about is that these companies ...

The IRS collection process begins when IRS does not receive full and timely payments from a taxpayer after it issues a collection notice. Based on the information in the taxpayer’s 1040 tax return, if ...

When a debt collector reaches out, it can be unsettling, even if you knew that you'd defaulted on your obligations and were expecting the call. Between the pressure to pay, the perceived urgency of ...

Credit card debt in America has reached unprecedented levels, with total consumer credit card balances surpassing $1.17 trillion in 2024. This marks a concerning increase from the previous quarter and ...

In a case involving a request to abate penalties, the Tax Court partially granted the IRS’s motion for summary judgment, allowing the remaining issues to go to trial to determine whether a taxpayer’s ...

Continuing its acquisition spree, fintech SaaS unicorn Perfios has now acquired AI-powered debt collection startup CreditNirvana, over a month after buying CustomerXPs, the parent entity of banking ...