Consumers could no longer receive multiple calls per day from debt collectors and would have more ability to dispute their bills under proposals released Thursday to overhaul the multibillion-dollar debt collection industry.
Q. My mother put me as a joint owner of two of her bank accounts. I have a little trouble with debt, and I have two judgments against me that I can’t afford to pay. Can my creditors go after her accounts?
Nearly one in five Americans who carry debt do not believe they will ever pay it off according to a new report by CreditCards.com. That is double the 9 percent who said the same thing when asked in May 2013.