Disputing collections debt can protect your credit, but only if you know when it actually makes sense to do so.

The statute of limitations also plays a critical role. Each state sets time limits on how long a creditor can sue you for ...

In April 2025, Freedom Debt Relief reviewed data from tens of thousands of people actively looking for help with their debt. The numbers might be surprising. About one in four has at least one account ...

Finding a financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to three fiduciary financial advisors that serve your area in minutes. Each advisor has been vetted by ...

Learn what is the statute of limitations on debt, how it varies by state and when debt may no longer be collectible. See how ...

Collection Debt by the Numbers: The National Picture In April 2025, about one in four people looking for debt relief had at least one account in collections. The average collection balance is $3,027, ...

What collection debt looks like in America: A mid-year look In April 2025, Freedom Debt Relief reviewed data from tens of thousands of people actively looking for help with their debt. The numbers ...