Governments of all sizes and locations are owed money. In the U.S. federal government, citizens and businesses typically owe taxes, fines and fees. Consumers can also owe on federally-backed student loans, while businesses can owe on development loans. Several branches of the U.S. government have robust ARM operations, including the IRS and the Department of Education. On the state and local level, debts to the government can be too many to enumerate. From court fines and fees to sales tax to late parking tickets. An overwhelming majority of U.S. states, and thousands of municipal governments, have used private debt collectors to help recover their debts.
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Bankruptcy Filings Begin to Creep Upward from All-time Low
12 September 2006
Prosecutors Tallying Losses After Wal-Mart Check Policy Change
12 September 2006
Core Producer Prices Rise 0.3% in May
12 September 2006
Lawmakers Mull Freezing Consumer Credit Freezes
12 September 2006
IRS Private Debt Collection Initiative Blocked by House Committee
12 September 2006
Global Politics Cast Broad Shadow on U.S. Economy
12 September 2006
FDIC Nominee to Follow Lawmakers' Intent on Reforms
12 September 2006
Almost $42 Million In Court Fines Go Uncollected
12 September 2006
Medical Privacy Law Nets No Fines
12 September 2006
Fed Pause is Back in Play
12 September 2006
New Law Slows Bankruptcy Filings by 71 Per Cent
12 September 2006
Solid U.S. Economy Shows Some Sluggish Signs
12 September 2006
New Hampshire Gov. Lynch Signs Law Giving Consumers New Tools To Protect Themselves Against Identity Theft
12 September 2006
Sallie Mae 'Does Not Seek Monopoly'
12 September 2006
US House Panel Backs Reducing Banks' Mandatory Regulatory Filings
12 September 2006
Paulson Gets Nod For Treasury Job
12 September 2006
GDP Revised Higher to 5.3% Rate in First Quarter
12 September 2006
Free Monitoring of Credit Proposed for Nation's Veterans
12 September 2006
Personal Data on Veterans is Stolen
12 September 2006
Massive Telemarketing Scam Busted
12 September 2006