How Unpaid Bills End Up in Court - The Rise in Debt Collection Litigation and State Solutions

Explore the broken system of debt collection in America through this informative webinar recording. Delve into the alarming statistics of debt in collections, including the fact that one in three American adults faced this issue prior to the pandemic. Learn about the primary causes of non-loan debt, such as medical bills, telecom bills, and utility bills, and understand how debt threatens financial security by impacting housing, credit, and wealth-building opportunities. Discover the efforts of states and advocates to reform debt collection litigation, addressing issues like debt legitimacy, defendant notification, and preventing long-term financial damage. Gain insights from the Aspen Institute Financial Security Program's publication on making debt collection litigation safer and fairer. Examine the debt collection litigation process, its impacts on Americans, and potential solutions for better outcomes in this comprehensive 1-hour 13-minute webinar co-hosted by the Aspen Institute Financial Security Program and The Pew Charitable Trusts.