Can collection agencies sue consumers?

Answer According to the Federal Trade Commission, collection agencies may sue you to obtain a court-ordered civil judgment against you. A civil judgment gives the collection agency legal rights to collect... Read More »

Top Q&A For: Can collection agencies sue consumers

Why do collection agencies sue?

When you owe a creditor a debt and fail to pay, the creditor might hire a debt-collection agency to exhaust all possible means to collect the debt. This can include legal action.StrategyTypically, ... Read More »

Laws Regarding Collection Agencies?

The laws regarding collection agencies vary from state to state, and state laws can even vary from the federal Fair Debt Collection Practices Act. The Federal Trade Commission (FTC) and your state ... Read More »

How to Deal With Collection Agencies?

Whether it's because of illness, unemployment, or unexpected financial disasters, you might someday have to deal with a collection agency. This won't tell you how to avoid paying off your old debts... Read More »

Who regulates collection agencies?

Debt collection agencies are regulated by the Federal Trade Commission, or FTC. The FTC enforces the Fair Debt Collection Practices Act that protects consumers. Complaints against collection agenci... Read More »