The bottom line A $5,000 debt is big enough that a collection agency might consider suing, but it's not guaranteed. The decision depends on several factors, including your payment history, assets ...

The claim: It is illegal for collection agencies to buy debt and 'come after you' if you send a cease-and-desist letter A March 27 Facebook post (direct link, archive link) offers advice for ...

On June 16, the Nevada governor signed SB 276 (the “Act”) to revise certain provisions relating to debt collection agencies and make amendments to the state’s collection agency licensing law ...