7 things debt collectors are required to tell you

Debt collectors are required by law to disclose certain information and knowing what that is could benefit you.

Topics

What debt collectors can (and can't) do if you owe money

There are certain approaches debt collectors can take, and some they can't, when trying to collect on a debt.
CBS News - 1d
Do debt collectors get paid if you file for bankruptcy?

Declaring bankruptcy can offer big relief to those buried by debt, but do debt collectors get paid in the process?
CBS News - 2d
How much debt is required to file for bankruptcy?

If you're planning to file for bankruptcy, it's important to understand the minimum debt requirements beforehand.
CBS News - Jan. 24
Can you dispute a debt that was sold to a debt collector?

Disputing a debt that has been sold to a debt collector is not just possible — it's your legal right.
CBS News - Jan. 17
What happens if a debt collector sues you but you can't pay?

Being sued over old debt is stressful, but there are ways to resolve this issue, even if you're short on funds.
CBS News - Jan. 17
Can a debt collector take you to court after 7 years?

Time-barred debts will eventually fall off your credit report, but the debt collection attempts may not end.
CBS News - Jan. 16
Can a debt collector refuse my settlement offer?

Negotiating a successful debt settlement could be a little more complicated than you'd expect.
CBS News - Jan. 10
What proof must credit card debt collectors provide for a debt?

Debt collectors must provide proof that a debt is valid. Otherwise, they have to stop their collection efforts.
CBS News - Jan. 6