Economy
Kansas City-area hospitals are taking patients to court over unpaid medical bills, with default judgments and wage garnishments hitting financially vulnerable families hardest. The litigation exposes sharp differences in how regional health systems pursue debt.
Economy
A Brooklyn lender routed hundreds of confession-of-judgment actions through Iowa courts against borrowers located elsewhere. The practice has triggered legal challenges over notice, debt balances and due-process protections.
Economy
Encore Capital Group’s 2026 financial growth shows how charged-off consumer debt can become a highly profitable asset. The analysis examines portfolio purchases, litigation, default judgments, garnishment and the household distress feeding the debt-buying industry.