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

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IRS Unveils Initiatives to Help Taxpayers in Financial Trouble

IRS changes offer relief to delinquent taxpayers. The IRS unveiled a series of initiatives Tuesday aimed at helping people who can’t pay their taxes ... and collection letters to taxpayers who recently lost their jobs, rely on income from Social Security ... the IRS to set up an installment plan. These plans allow taxpayers to pay their debt in monthly [more...]

Date: 2009-01-07 06:45:10

IRS Tax Debt

Filing of income taxes start as soon as individual start receiving their W2s ... . But unfortunately to some, they have irs tax debt still to pay to the government. I remember ... , he was devastated when he received a letter from IRS saying that he had IRS Debt because of misfiling [more...]

Date: 2009-01-01 12:43:57

Returned China volunteers (RPCVs) ask the agency’s director to help pay $12, ... for two years with lung cancer, and her family is now left with a mountain of debt. Below is a letter [more...]

Date: 2009-01-14 18:00:46

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

My Boyfriend’s Mother

Since the BF grew up here in Phoenix, his immediate family (mom, dad, and brother) still live here ... of dollars from the BF and didn’t pay it back until the BF paid a lawyer to send a letter to the brother ... . About a year ago, the BF asked his mom for help.  He had accumulated some credit card debt in grad school [more...]

Date: 2009-01-13 01:05:23

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