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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 (160) | Videos (61)
 


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


How to Research Debt Collectors & Understand the Law

This is the first guest post in a special How to Fight Debt Collectors series on Bargaineering.com. So you’ve received a debt collection call or letter… In this day and age where you have rampant foreclosures, layoffs and job losses, it is simply inevitable that an individual may come across a debt collector, and frankly even without these external factors, it may just happen by a chance wrong number or even being related to someone going through a hard time financially. [more...]

Date: 2009-09-28 11:02:18


Looking for Materials About Iva – Find them Here

The main function of any debt management company consists in helping a person head and ears in debts or a business that is burdened by debts to get rid of all the debts. It does not intend a debt management company giving an other loan to pay back the debts. Instead of providing the loan and thus creating more debts, such a company negotiates with all the credit lenders aiming on consolidating the debts of a client into one affordable sum of money which can be repaid in monthly installments. [more...]

Date: 2009-09-26 15:18:41


My Kindergartner receives bill from W.F. Baptist Medical

By Liv Staff Writer Dear Nutters in the Health Care Industry, It's been about 6 months since I felt the way I did today. I remember the feelings like the day my company of 5 years refused to let me return to work after going out on medical leave. It turned out to be a good thing in the end, as they now pay me to not go to work, but today it all came flooding back to me when my daughter who is 5 years old receives a bill from Wake Forest Baptist Medical for $226 dollars. [more...]

Date: 2009-09-24 19:53:17


3 Important Considerations When Hiring A Debt Collection Agency

by David P. Montana To operate a organization effectively, every owner has to stay on top of their receivables and monitor their cash flow. Whether you market a product or give a service, you probably have to deal with late-paying or none-paying customers from time to time. That means that you have to have a sound, uniform internal debt recovery policy in place. Part of your policy should include knowing when to outsource difficult accounts to a debt collection agency. [more...]

Date: 2009-09-24 12:41:01


Iva – The Tips One Should Know About

The main function of any debt management company consists in helping a person head and ears in debts or a business that is burdened by debts to get rid of all the debts. It does not intend a debt management company giving an other loan to pay back the debts. Instead of providing the loan and thus creating more debts, such a company negotiates with all the credit lenders aiming on consolidating the debts of a client into one affordable sum of money which can be repaid in monthly installments. [more...]

Date: 2009-09-28 09:19:03


Forgiven Debt Really is Income

There was a pretty good post over at WiseBread yesterday on how if a credit card company forgives some of what you owe, what was forgiven is income you have to pay taxes on. On the one hand, this is a point worth repeating because it seems to surprise most people. On the other hand, the post neglects to mention an important exception, and, moreover, feeds into the belief that this is an irrational fluke of the tax code. It isn’t. It makes sense. You owe Credit Card Corporation (CCC) $5000. [more...]

Date: 2009-09-23 15:59:00


5 Tips to Ensure Success in a Debt Management Program

In the United States, a debt management plan is usually offered by a credit counseling agency or a debt relief company to people who need financial advice and guidance to pay off their debts. Under this plan, the professionals assist the debtors to obtain lower interest rates on their debts through proper negotiation processes with the creditors. Can this plan be 100% successful? Not really. Here are some important tips you must take note in order to ensure the success of this particular plan. [more...]

Date: 2009-09-25 07:16:41


Your credit application and terms of trade work when it has to?

In times like these, every business dollar has to count and the loss of any cash out the back door by way unpaid accounts places needless pressure on the business cash flow. The provision of credit remains the foundation of the `Money Go Round’ for New Zealand businesses, enabling one entity to do business with another while providing goods and services on a basis of trust, but those goods and services must still be paid for within an agreed time frame if the business is to survive, and avoid [more...]

Date: 2009-09-24 06:07:56


Antique Collection

Some people falsely believe that the passion for accumulating a variety of antique treasures in an antique collection is an addiction, such as being a pack rat, but this is not actually true. The truth about going antiquing is that while it may be infectious, it is certainly not a disease and there is nothing wrong with having a passion for going out and looking for your favorite objects, especially since antiquing is a sure fire way for you to improve your mood. [more...]

Date: 2009-09-28 05:09:23


A Bank Short Sale - The Only Way Out?

by Anthony Mauwer A bank short sale is definitely not the only way out of a foreclosure, but it has many advantages that far outweigh other alternatives. A borrower facing this type of situation is already struggling under heavy financial constraints and may not be prepared to deal with the complexities of a short sale. The important thing to understand is that if approved for a bank short sale, the owners could find themselves in the best position possible to buy another home in the future. [more...]

Date: 2009-09-26 19:27:41


Words from the (investment) wise 9.27.09

Words from the (investment) wise for the week that was (September 21 – 27, 2009) After hitting its best levels of the year on Wednesday ahead of the Federal Open Market Committee’s (FOMC) communiqué, the S&P 500 Index ran into heavy weather on the realization that the Fed could start scaling back on emergency support of the economy. US equities dropped further later in the week on renewed concerns about the state of the troubled housing market and weaker-than-expected durable goods orders. [more...]

Date: 2009-09-27 12:05:27


Picking Stocks for the Long Haul

The key to successful long-term investing is getting the big picture right. You need to figure out how the economy is going to evolve and what sectors and industries will benefit from these changes. Though you could buy funds to take advantage of these big trends, you'll make more money by focusing on individual stocks. This is what the most successful investors do, and the strategy I follow for our new Zacks service, Strategic Investor. [more...]

Date: 2009-09-25 20:25:18


Operation Rollback

Posted by Review-a-Day, September 29th, 2009 3 CommentsFiled under:Review-a-Day. The Retail Revolution: How Wal-Mart Created a Brave New World of Business by Nelson Lichtenstein Reviewed by Jefferson DeckerThe Nation In October 2003 employees at more than 800 chain supermarkets in California walked out of their jobs after management demanded pay cuts and a reduction in health insurance benefits. [more...]

Date: 2009-09-29 09:54:00


Find Out What Debt Validation Means And Why It’s Important

Imagine getting a phone call or a knock on the door, and when you answer it, a person called Victor says that he been authorized by someone name Joe to collect a debt that you owe him, and it’s true that you do owe somebody called Joe some money. Even if you had the money, and knew that you owed it, would you pay this new person on the scene? I’m pretty sure that you wouldn’t even consider for a moment giving Victor any money, until you were 100% sure that he was really acting on Joe’s behalf. [more...]

Date: 2009-09-26 20:20:24


Loose Lips Daily: Happy Birthday, Mr. Mayor

As much local politics as humanly possible. Send your tips, releases, stories, events, etc. to lips@washingtoncitypaper.com. And get LL Daily sent straight to your inbox every morning! IN CASE YOU MISSED IT—”Inaugural Ball to Be Held at John A. Wilson Building“; “Crash Fenty’s First Fundraiser!“; “Nickles’ Dilemma: Rent or Buy?” Morning all [more...]

Date: 2008-12-08 15:48:46


Classified: 500,000 More Troops for Afghanistan

Classified McChrystal Report: 500,000 Troops Will Be Required Over Five Years in Afghanistan by Tom Andrews - The Huffington Post/Common Dreams Embedded in General Stanley McChrystal's classified assessment of the war in Afghanistan is his conclusion that a successful counterinsurgency strategy will require 500,000 troops over five years. This bombshell was dropped by NBC reporter Andrea Mitchell on MSNBC's Morning Joe on Wednesday: "The numbers are really pretty horrifying. [more...]

Date: 2009-09-25 03:02:00


Words from the (Investment) Wise (Sept. 27, 2009)

After hitting its best levels of the year on Wednesday ahead of the Federal Open Market Committee’s (FOMC) communiqué, the S&P 500 Index ran into heavy weather on the realization that the Fed could start scaling back on emergency support of the economy. US equities dropped further later in the week on renewed concerns about the state of the troubled housing market and weaker-than-expected durable goods orders. [more...]

Date: 2009-09-27 14:33:29



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