All posts tagged "Debt Collection"

This article originally appeared in Oklahoma Watch, a nonprofit news organization that produces in-depth and investigative journalism as a public service.

When Aberdeen Enterprizes II threatened to have her arrested over $1,200 in outstanding court fines and fees, Kendy Killman became a prisoner in her own home.

The mother of eight feared being arrested unexpectedly, so she avoided unnecessary trips to the grocery store or her children’s school. She said the third-party debt collector rejected her proposition to set up a monthly payment plan, wanting only a lump sum or nothing at all. ...

One of the biggest obstacles to a healthy U.S. economy continues to be student loan debt, which an increasing number of people are defaulting on. Millions of people had not made a payment on $137 billion in federal student loans for at least nine months in 2016. That’s a 14 percent increase in defaults from the previous year.