Medical debt regulations are shifting dramatically in 2026, with states banning credit reporting and federal rules in limbo. If you’re a healthcare provider, the old collection playbook might soon ...
The Consumer Financial Protection Bureau on Friday ordered Commonwealth Financial Systems, a debt collection agency specializing in medical debt, to shut down as a result of what CFPB determined were ...
Home Personal Finance Credit & Debt CFPB Shuts Down Medical Debt Collection Agency Over Several Violations CFPB says the collection agency's violations included trying to collect unverified medical ...
Here’s what business owners should know about debt collection agencies, including when and how to use one.
Key Takeaways Commercial debt collection agencies typically charge contingency fees ranging from 15% to 50% of ...