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Debt collection lawsuits are growing and the coronavirus crisis will probably make it worse

A new report sheds light on an issue that has gotten more attention amid the coronavirus crisis, as debt collectors are technically free to seize federal stimulus payments meant to help Americans pay rent and buy groceries during the pandemic.

A Visa logo on a credit card. The number of lawsuits over unpaid loans and credit card bills are growing in the U.S., according to a new study from Pew Charitable Trusts.
A Visa logo on a credit card. The number of lawsuits over unpaid loans and credit card bills are growing in the U.S., according to a new study from Pew Charitable Trusts.Read moreJenny Kane / AP