What’s the connection between debt collection companies and bankruptcy? Actually, the nexus is about as tight and interconnected as it can possibly be for many cash-strapped and beleaguered consumers. For high numbers of individuals and families in California and across [...]

Financial-related data periodically compiled and reported via a national survey contain a wealth of interesting — and, some might say, baffling — information, especially as relates to consumer-reported debt that is accumulated by individuals and families. The Federal Reserve’s Survey [...]