Debt Collection

I recently received a phone call from my friend in New York who is working there as an accoutant ... . She is still lucky to have her job after all. Being in a Debt Collection Agency , they are charged ... , the kids , life in general and even her work. She is working for a debt collecting company [more...]

Date: 2009-01-13 14:16:59

Blog posts (38) | Videos (21)
 

U.S. Debt Consolidtion Company - Right Place To Consolidate Your Credit Card Debt

Amazon.de Widgets Credit card debt is something that over 47 meg Americans are currently experiencing. There has never been a time where so many people are in debt and creditors of unsafe debt are becoming rattling worried most collecting. Delinquent accounts are increasing at unprecedented rates and creditors are thence agreeing to rattling generous debt consolidation in order to collect at least a small proportionality of their money. [more...]

Date: 2009-09-18 11:12:16

The Most Common Questions About Debt Collections

by Jon Ochs If this current economic slow-down has found you in a position of financial difficulty, ... that cannot be done by any non-attorney collection agency. Any company or law firm acting as a debt ... you may find yourself dealing with debt collection calls and letters. Here are some of the most [more...]

Date: 2008-10-21 19:54:23

China: It Ain't The Business, It's The Pot Of Cash.

I rarely have revelations, but after being knocked over the head countless times over the years, ... by US companies and both were unwilling to spend any money at all in an effort to collect those sums. Steve ... that if these two companies did not get more aggressive in their debt collections, they would end up going under [more...]

Date: 2008-12-14 03:09:08

Strange Phone Number Reporting

Today, I received a call from a bill collector. I proceeded to give them more crap than they bargained for, using my knowledge of debt collection scare tactics (along with the fact that I have no contractural obligation to their company, only the company the debt was owed to and my coffee-fueled distatse [more...]

Date: 2008-11-11 02:35:14

CompuCredit must "Comp You Cash"

$114 million refund in pipeline for subprime credit card users - Action Line - MiamiHerald ... Capital Systems, a debt collection company wholly owned by CompuCredit, engaged in deceptive conduct in marketing credit cards as part of its debt collection activities and engaged in abusive practices [more...]

Date: 2009-01-11 02:15:00

News Roundup

Here are some law-related articles that recently came out: The Chicago Tribune reports that Afni, Inc., a debt collection company, must pay damages to 7,000 Cingular Wireless customers in Wisconsin who were illegally assessed collection fees. Florida attorney Tomas Gamba writes in a Miami Herald op [more...]

Date: 2008-12-10 04:15:05

Authorized Users, Debt Settlement and Negotiating When You’re Unemployed

One of our readers, Jaclyn, had this question for us: If I removed an authorized user from an account, ... amount and attempt to settle your debt. However, most companies do not like to tackle debt settlement ... the offer to the collection department. Just be aware that if you do go past due in order to settle [more...]

Date: 2009-01-09 15:16:56

How to Avoid a Lawsuit From a Collection Agency

The first thing you need to understand is that most large collection companies have a lawyer at their disposal who writes letters on their behalf ... to respond… they’ll sell the debt to another collection agency for pennies on the dollar. In order for them ... that they cannot legally be collected on. So even with a judgment to repay the debt… the collec [more...]

Date: 2009-01-14 19:53:56

Is Revver On The Fritz?

We’ve been getting a lot of tips from people who have been having problems reaching the Revver website lately, ... 2007, everything looked rosy when the company said it had managed to pay $1 million to video producers and their affiliates over a period of one year. By February 2008, the company was collecting debt [more...]

Date: 2008-11-01 17:40:35

Finance Fiesta #7: Mamma Mia Edition

Welcome one and all to the 7th Edition of the Finance Fiesta!  This is the first carnival I have ever hosted, so hope it’s a good one for you ... she knows best.  I give these posts the thumbs up as the best of the week. Mr. Credit Card from Ask Mr Credit Card answers a question from a reader “A Collections Company Sold my Debt After it was paid [more...]

Date: 2008-07-17 13:00:20

What is the definition of Debt?

by JR Rooney What is debt? Debt is something that is owed to someone else ... “debt About the Author: Let no debt remain outstanding, contact a Collection Agency or request ... . An individual person or company / business owing a debt is called a debtor. The entity [more...]

Date: 2008-12-01 12:45:27

Debt Negotiation with Credit Card Companies

by Daniel Atolben Are you drowning in debt and finding it difficult to make your monthly payments? ... to a collection agency. Since credit card companies won’t be getting all the money that you’ve agreed ... Even if you’ve had no problem controlling your debt in the past, there may be something unexpected [more...]

Date: 2008-11-26 19:15:29

Handling Insurance Debt Can Be Quick and Clean

When people fall into debt, it’s never the same between two individuals ... its forwarded to a collections agency. However, if they’ve already reported your debt, then it’s too late ... your insurance company and find out who the collection agency is. Get their information, and from there call [more...]

Date: 2008-12-02 15:23:55

3 Things To Consider Why Your Organization Needs Debt Scoring For Your Delinquent Debt

by David P. Montana In today’s challenging and difficult economy, organizations of all sizes are facing ever-growing delinquencies in their accounts receivable and expanding debt portfolios. Whereas any organization’s internal collection processes serve an essential role in collecting on past due delinquent accounts, many companies simply don’t have the resources, time and expertise necessary to recover consistently and effectively on these unpaid accounts. [more...]

Date: 2009-09-26 07:46:42

Exploiting Ignorance: Money for Nothing

This post is the tentative conclusion to a series of posts, loosely about the sorts of pseudo-scams that credit card companies use to keep borrowers in debt ... that most credit card debt collection is an outright scam, is both the tip of the iceberg [more...]

Date: 2008-07-24 13:32:21

Chislet Gardens - Hersden, Nr Canterbury

Chislet Gardens - Hersden, Nr Canterbury, Kent RPMC - The Island Road (Hersden) Management Company Limited Thread started by Tony Kirkbank ... then received a FINAL DEMAND of the £190 togther with threats of an additional £125 debt collection ... of our Management Company showed a balance of nil. In November 2008, all residents received invoices from [more...]

Date: 2009-01-14 11:44:42

Avoid your uncollectible account receivable

All professional businesses (maybe some of traditional business) have uncollectible account receivables in their balance sheet ... profit as example of the Nationwide Debt Collection Agency, solve your money while keep your normal ... t good case, because our company isn’t designed as collection agency and we haven’t skillful staff [more...]

Date: 2008-11-25 21:34:48

Lithuanuan firm engaged witchcraft in debt collection

In these difficult times for creditors, a Lithuanian debt collector is offering an unconventional service to retrieve arrears: witchcraft ... or other companies,” said Amantas Celkonas, director of the Skolu Isieskojimo Biuras, or debt ... and I will do whatever I can to help people,” she said. Local pundits, however, ridiculed the agency’s move. “ [more...]

Date: 2009-01-15 17:02:00

debtconsolidationcare.com

Is Debt Consolidation good for you? Get FREE counseling from a BBB member company. Avoid bankruptcy, become debt free, deal with collection agencies and improve your credit rating. Read Reviews [more...]

Date: 2008-12-08 05:00:00

Did collection calls contribute to Floridian's death?

Filed under: Credit , Debt Florida law firm Morgan and Morgan filed a first-of-its-kind lawsuit alleging that a company's collection calls were so frequent and harassing that they contributed to a person's death because they increased Stanley McLeod's blood pressure and stress levels. McLeod's debt problems stemmed from the fact that he had difficulty paying his mortgage because he had to quit his job at Sears after suffering a massive heart attack. [more...]

Date: 2009-09-17 19:00:00

A recent article in Business Week highlights some apparently (IMO) improper practices used by credit-card issuers in collecting debts ... Forum (NAF) … specializes in resolving claims by banks, credit-card companies, and major retailers ... of their credit-card applications to arbitrate any disputes over bills rather than have the cases [more...]

Date: 2008-06-16 19:52:25

Good News - Post Office to Layoff Only 40,000 Workers. Bad Time to Be In Delivery Business.

A friend called to tell me about the latest buzz of the postal service laying off 40,000 workers ... From Debt Collection, the Debt Collector, and Creditors I’m Afraid I’m Going To Get Laid Off. How ... of the country’s 1,300 post offices would be closed. According to the APA news agency, the company’ [more...]

Date: 2008-11-11 21:16:24

What's Really Going On At The Magic Theatre?

January 9, 2009 It's been a long time since I've come across a more vitriolic collection of reader comments than the nearly 60 responses that ... unknown debt surfaces and the company embarks upon an "emergency campaign". One of the article's ... ? Why did their managing leader suddenly leave? Was he responsible for this? To have debt [more...]

Date: 2009-01-14 09:58:41

Comcast asks Hurricane Ike victims to pay for lost cable boxes; company says letters sent in error

In Galveston, 81 customers of Comcast Corp., the cable TV company, ... the snafu on a Carrollton-based debt-collection agency. According to this story from The Daily News ... to rebuild their homes and their lives," said Comcast spokesman Michael Bybee. "We've asked the collection [more...]

Date: 2008-10-24 19:16:07

3 Main Points To Consider When Hiring A Debt Collection Agency

September 17, 2009 | By David P. Montana In Finance | To manage a company successfully, every owner has to stay on top of their receivables and watch their cash flow. Whether you promote a product or provide a service, you probably face late-paying or none-paying customers from time to time. That means that you have to have a sound, consistent internal debt recovery policy in place. [more...]

Date: 2009-09-17 22:18:21

Financial Trouble? Consider Debt Negotiation

by Daniel Atolben Are you drowning in debt and finding it difficult to make your monthly payments? ... to a collection agency. Since credit card companies won’t be getting all the money that you’ve agreed ... Even if you’ve had no problem controlling your debt in the past, there may be something unexpected [more...]

Date: 2008-11-25 18:51:14

In major settlement, St. Louis Park company agrees to stop handling consumer arbitration disputes

Less than a week after being sued by the Minnesota attorney general’s office, the nation’s largest arbitrator of credit card and consumer collections has agreed to stop performing such work, state Attorney General Lori Swanson announced today. The National Arbitration Forum, based in St. Louis Park, allegedly deceived consumers into thinking it was a neutral arbitrator in debt collection, the lawsuit said. [more...]

Date: 2009-07-19 21:01:22

Astra Business Services – Debt Collection From Afar

We have all heard the news of outsourcing American jobs to Mexico with their cheap, almost free labor costs, ... and of course the transition of skilled computer related jobs to countries such as India. Why would any company pay $40 or $50 an hour for something that can be done in another country at a ... [more...]

Date: 2008-12-05 18:40:18

Tax Resolution Companies- watch out for them....

You hear it on late night TV, early in the AM while you getting ready for work, and in the mail (or spammed e-mail!) ... solution to resolve your debt. The IRS operates in a business type manner as a collection agency ... is a Collection Agency with great collection powers5. You have options- you just need to know them [more...]

Date: 2008-12-30 14:27:00

Collection Agency calling from 571-431-1958 (Washington, VA)

Steve reported a Collection Agency (5714311958 from Washington area, VA) . The following comments were posted: AACC AACC AACC 5127689800 AACC 804-234-9056 assetacceptance.com Asset Acceptance is a leading purchaser and collector of charged-off consumer debt. Since 1962, we have provided credit originators such as credit card issuers, consumer finance companies, retail merchants, utilities and others an efficient alternative in recovering defaulted consumer debt. [more...]

Date: 2009-09-25 19:53:49

?If a company can not pay its interest..?

One of Mick’s picks for his Blog Rush ealier today, Simon at Irish Election, ... debt on to the banks balance sheet (and the tax payers laps). Meanwhile, property development company ... PricewaterhouseCoopers (PwC) to assess the extent to which the banks are delaying the collection of interest [more...]

Date: 2008-10-21 19:33:32

Is It Time For A New Mortgage Calculator

If You Get A Call From Your Mortgage Company Realtor Federal and State laws are on the side of those who are in the unfortunate predicament of ... and respectability–as long as a collection agency is the one at hand, not the original creditor. Most people ... or personally involved in it. And very few realize that debt collectors are comprised of debt [more...]

Date: 2008-11-29 02:38:23

Vonage Insists You're Still A Customer Two Years After You Canceled Service [Debt Collectors]

Listen Vonage, Garry isn't your customer anymore. You need to stop sending him bills and let him go. Sure, he liked you back in 2004, but he found a better company at a cheaper price and he's moved on. Billing his AmEx every single month for two years after he canceled? Not cute. Sending his account to collections when his AmEx finally expired? [more...]

Date: 2008-08-31 16:15:55

Managing Account Receivables

In view of the current economic climate, it is not surprising that many companies are in debt and they are finding it even more difficult to repay ... Collection agencies in the United States which specializes in collecting debt for their clients. Well ... their debt on schedule. Working in the family company, I find it very difficult to collect debt [more...]

Date: 2009-01-10 03:01:00

Consumer Debt Collection Lawsuits: Are They Federal Or State Matters?

When you’ve been sued or harassed by a debt collection agency or a debt buyer, a company that purchases debt and generally uses illegal, ... federal or state court. *Federal vs. state* While the Fair Debt Collection Practice Act (FDCPA ... have adopted their own laws. We asked Steve Recordon, an attorney from San Diego, California whose firm [more...]

Date: 2008-06-26 13:40:47

How to Avoid Unfair Collection Practices

Due to the global financial crisis, the number of debt collection agencies in the market is increasing. They are established to offer services of collecting debts on behalf of banks, financial institutions, credit card companies and loan providers. For people who are drowned in debt, it is indeed stressful to receive irritating phone calls from debt collection agents constantly. Hence, it is important to know some useful information so that you are able to avoid the unfair collection practices. [more...]

Date: 2009-09-20 06:02:50

AG Sues To Shut Down Buffalo Debt Collector

Posted on Tuesday, 18 of August , 2009 at 10:51 am BUFFALO—The state Attorney General’s office has filed a lawsuit seeking to shut down a Buffalo-based debt collection operation consisting of 13 debt collection companies run by Buffalo residents Omar Smith, Narvell Benning and Keith Marshall (collectively, the “Benning-Smith Group”). [more...]

Date: 2009-08-18 15:51:50

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