A charge-off is when a lender writes off your account as a loss and closes the account for further use. You are still legally responsible for the balance that is charged off. The lender may transfer ...

NEW YORK -- One of the big letdowns some new business owners suffer during income tax season is when they find out they can't deduct their bad debts -- bills their customers didn't pay during the ...

Senior living communities operate in a highly regulated and financially demanding environment, requiring operators to maintain fiscal stability while delivering exceptional care. As the senior ...

Consumers take bill collectors to court, earning the label "credit terrorists." Feb. 5, 2010 — -- Americans with overdue debts usually face a daunting parade of punishments. First come the ...

(WJAR) — It's bad enough having a debt collector come after you when you owe money. It's even worse when you don't owe them a dime! “What these phantom debt collectors do is they will try and collect ...

Starting in mid-2024, Illinois hospitals will be required to take a much more active role in limiting consumers’ medical debt by screening all consenting uninsured patients for both public health ...