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

Blog posts (24) | Videos (34)
 

“I’m Going to Put a Judgment on You”

Often we hear reports from clients that a debt collector threatened to put a judgment against them if a debt was not immediately paid.  This is a misleading statement and may be actionable under the Fair Debt Collections Practices Act and/or the corresponding Pennsylvania law protecting consumers from abusive debt collection [more...]

Date: 2009-01-04 21:06:20

I Told Off The Debt Collector [Debt Collectors]

Some punkass debt collector called trying to get a hold of some lady he thinks my girlfriend knows. Here's roughly how the conversation went ... immediately. Muted. Under the Fair Debt Collection Practices act, debt collectors are allowed to contact ... break any rules, there's no law against having being condescending and arrogant. (Photo [more...]

Date: 2008-10-08 21:52:29

Compliant Debt Collection

Far too many uninformed consumers give in to the overbearing intimidation and scare tactics of unscrupulous debt collectors, ... to them from debt collectors. The FDCPA is a strict liability law, which means that a consumer bringing ... Act.The Fair Debt Collection Practices Act is enforced by the Federal Trade Commission under its powers [more...]

Date: 2009-01-08 19:28:29

Tips For Managing Your Creditors

by John Brennan Those who find themselves in debt often times find themselves with many creditors ... that limit how they can treat you. It may not seem that way, but debt collection agencies do actually have rules that they need to follow. There is a Fair Debt Collection practices Act that protects [more...]

Date: 2008-10-09 09:34:18

How Bill Collectors Locate You

Thanks to the internet it’s easier than ever for bill collectors to locate your whereabouts ... will use to find you. Initially a collection agency will review the file they receive ... had no phone and no job. According to the Fair Debt Collection Practices Act it is legal for a debt [more...]

Date: 2009-01-08 02:36:42

The Water Bill

Quick one tonight!  I got a water bill today, no surprises there, it happens.  The bill reads: “Final Demand Overdue Amount: £5 ... to a Debt Collection Agency or by court action. … … THIS SITUATION IS SERIOUS - ACT NOW TO AVOID ... notice with a thread of debt collection or legal action.  And this isn’t the first time either [more...]

Date: 2009-01-11 01:28:15

Goldman Sachs’s Dirty Little Secret

Last week the American News Project put a human face on the economic crisis with a moving video report about a woman named Jocelyn Voltaire facing ... . In other words, they are a type of collection agency dealing with those in the most vulnerable ... , misleading and evasive practices” in violation of the Fair Debt Collection Practices Act (case [more...]

Date: 2008-10-21 13:25:44

I ain’t your Bee-yotch….bitch!

+++warning!  foul mouthed rant ahead!++++ Despite the fact that there are 4 other folks in my office at any given time, ... the collection agency to stop calling for an employee, they are legally required to stop”.  (see the Fair Debt Collection Practices Act, governed by the FTC) Trust me, I’ve quoted this law to these blood [more...]

Date: 2008-09-05 15:08:48

12 Confessions Of A Home Mortgage Collector [Wells Fargo]

A former Wells Fargo Home Mortgage home collector has stepped forth from the shadows to tell you what's really going on ... my own copy of the Fair Debt Collection Practices Act, and even then most people in WFHM ... . Bankruptcy will not forgive a mortgage debt. 4. Fight your bankruptcy fees with a passion! WFHM [more...]

Date: 2008-09-10 16:36:38

Get Collection Agencies Off Your Back

This Article can be found at my blog: www.CreditTipsTricks.Blogspot ... : Dear (Insert Collection Agency Here)\, You are hereby notified under provisions of Public Laws 104-208, also known as the Fair Debt Collection Practices Act, that your services are no longer [more...]

Date: 2008-12-12 23:06:57

Man Sets Himself On Fire At Rent-A-Center After Receiving Too Many Late Payment Notices [Tragic]

There are lots of good ways to escalate your complaints ... to do is to familiarize yourself with the Fair Debt Collection Practices Act (PDF). If you're being harassed ... with the amount of late payment notices and collection calls he was receiving from Rent-A-Center [more...]

Date: 2008-07-30 16:21:45

You Cant Handle the Truth.. THE NATIONWIDE COLLECTIONS LAWSUIT, Posted by Robert Paisola

COMMONWEALTH OF KENTUCKY14th JUDICIAL CIRCUITSCOTT CIRCUIT COURTCIVIL ACTION NO.: 08-CI-_________MICHAEL S ... 1511 Louisville, Kentucky 40202NATIONWIDE CREDIT, INC. Serve: C.T. Corporation System ... for Defendant's violations of the Fair Debt Collection Practice Act, 15 U.S.C. § 1692, et seq [more...]

Date: 2008-04-23 02:53:00

Homeowners bank on new ways to fight foreclosures

News & TrendsEarly this year, homeowners in Cleveland filed a class action against financial titan Deutsche Bank, ... activity” that flies in the face of state law and the federal Fair Debt Collection Practices Act [more...]

Date: 2008-12-12 07:19:00

Statute of Limitations in Ohio on credit card debt; Open Account vs Written Contract

From Debt Prison Forum a reader asks for advice in response to a collection agency dragging up an 8 year old credit card debt ... an acknowledgment that you owe the debt. It’s then still up to you and the collection agency to work ... I received numerous threatening calls from a collection agency or an attorney acting [more...]

Date: 2008-11-12 02:31:36

Class Action Blogosphere Weekly Review

Here are some blog entries from the week that was that might be of interest to class action practitioners: ... in a fair debt collection case despite the fact that the alleged damages of individual class members ... the McCarran-Ferguson Act. http://www.insurereinsure.com/BlogHome.aspx?entry=929 North Carolina [more...]

Date: 2008-09-02 19:08:52

Assessing Your Debt Situation

If your debt problems are behind you and you’re only concerned with cleaning up your credit report, skip ahead to Chapter 4, ... hassled by a collection agency, see Chapter 3, Section D. If you face an emergency, act on it at once ... into rebuilding your credit, take care of any financial emergencies. Then you should tally up your debt [more...]

Date: 2009-01-13 04:45:55

The Pre-Budget Budget – an act of gross immorality

It may be a spread of jam today, but the Government will want a whole jar back tomorrow. And it will want it with menaces ... the population with cripplingly high rates of interest and a pay-back schedule which will make collecting ... has seen since the Old Labour of the 70s. In fact, the level of debt to be endured is actually greater [more...]

Date: 2008-11-25 07:46:00

Common Credit Questions: Should You Send a Debt Validation Letter on an Attorney's Letterhead?

No. Actually, a debt collector may overreact to a DV letter sent from an attorney. You do not want the collection agency/creditor paying too much attention to your dispute. You want them to ignore it so it goes away. The Fair Credit Reporting Act (FCRA) expects that the consumer [more...]

Date: 2008-12-26 19:14:00

Need a game to learn to manage your credit?

By Philip Brewer Everybody learns best in their own way ... under the fair debt collection practices act, debt collection agencies, bankruptcy (chapter ... calculators for budgeting, debt pay-off schedules, and the actual cost of items bought on credit. Among other [more...]

Date: 2008-09-18 11:51:03

Fair Debt Collection - Know Your Rights!

  FAIR DEBT COLLECTION If you use credit cards, owe money on a personal loan, or are paying on a home mortgage, you are a “debtor ... Collection Practices Act requires that debt collectors treat you fairly by prohibiting certain methods of debt collection. Of course, the law does not forgive any legitimate debt you owe.   This brochure [more...]

Date: 2008-12-27 18:39:33

Should I use the Debt Snowball?

A reader at The Fair Debt Collection Practices Act wants to use the debt snowball but the collection agency has placed an ultimatum on another debt… ... there after. The kicker is that we are one month away from settling a $20,000.00 debt on our other Bank ... . This is when all hell broke loose for us. He was out of work for 10 months. Slowly but [more...]

Date: 2008-11-12 01:31:33

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

Managing Your Creditors: the Best Way to Do It

by John Brennan Those who find themselves in debt often times find themselves with many creditors ... to this Fair Debt Collection Act that a collector cannot contact you are work, inconvenient times ... debt Collection Practices Act and it protects you from brutal collectors. Personal, family [more...]

Date: 2008-09-24 17:17:26

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