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25th September 2009
Collectors and Credit Repair
You may encounter a reasonable, mild mannered collector someday, but do not hold your breath. Collectors are trained to be emotionally effective. This means aggressive. They will keep you on the phone as long as they can in... Read >
Author: Ian Webber21st September 2009
At times it happens that you are not aware as to which would prove to be the right place of contact, and thereby falls into the wrong hands, where you are either cheated or charged with extra amounts, in that case your hunt might not give you proper resu... Read >
Author: kevin.craig11th September 2009
The federal Fair Debt Collections Practices Act (15 USC 1692) applies to businesses which collect debts for other businesses. They do not apply to a firm which is collecting its own past-due accounts.
When a collection agency contacts you
The firs... Read >
23rd August 2009
One of the best strategies that debt collection agencies employ is intimidation. They frighten people into agreeing with them even if the said person has questions about their debts.
Once people get frightened and intimidated, they become powerless in ... Read >
Author: Mesriani Law Group06th June 2009
COLLECTION VOICEMAILS - BACKGROUND
Voicemails from bill collectors are a reality when you have been turned over to collections. The dirty secret debt collectors don't want you to know about is that they very often violate the law (Fair Debt Collection... Read >
17th April 2009
Judgment enforcement is an essential part of the Division's work. It requires imagination, perseverance, and skill in using federal tax lien and levy law, post judgment discovery, judicial sale procedures, the Federal Debt Collection Procedures ... Read >
Author: David25th March 2009
Credit Repair Knowledge is Power
Before reporting to the credit bureaus a collector must furnish a collection notice. This may be a straightforward collection letter, or may take the form of an offer to settle. Either way, the receipt of a collection n... Read >
Author: Ian Webber13th March 2009
If you have too much debt and cannot make payments on all your accounts, it's better to settle your debt and reduce your burden. When you go for do-it-yourself debt settlement, that is, settle debts on your own, you can negotiate with creditors or collect... Read >
Author: Jason Holmes13th December 2008
As you may know, there is a federal law that governs the types of actions or conduct a collection agency may take part in during the collection of a debt. The law is known as the Fair Debt Collection Practices Act (FDCPA) and it sets forth both protectio... Read >
Author: gregartim08th September 2008
If you are being contacted by NCO Financial it is regarding an unpaid debt. Sometimes they are also referred to as NCO group or NCO financial systems. They are an aggressive collection agency with a history of FTC violations.
NCO is often hired to come... Read >
Author: dmoskel08th September 2008
The Fair Debt Collection Practices Act or FDCPA was developed in order to protect consumers from being harassed by the collection agencies. It was observed that many consumers were choosing the option of bankruptcy being threatened by the debt collectors.... Read >
Author: Jason Holmes08th September 2008
Collection companies and creditors will put all their efforts to collect the debt from the clients of debt settlement program.
Debt settlement happens when the clients stop paying their creditors directly. Moreover, most of the debt settlement companie... Read >
Author: Vishal Verma21st August 2008
In the United States, in order to lessen the hassle and problem related to debt collection, the legislature enacted the Fair Debt Collection Practices Act.
What is Fair Debt Collection Practices Act?
Fair Debt Collection Practices Act is a U.S statu... Read >
Author: Mesriani Law Group21st July 2008
A collection agency is a business that pursues payments on debts owed by individuals or businesses. The term collection agency is usually applied to third-party agencies, called such because they were not a party to the original contract.
The service se... Read >
Author: Christine Layug17th July 2008
If you are one of the millions of Americans struggling with the knowledge that you have fallen behind on payments made to creditors and are curious if you have protection from creditor harassment the answer is yes. The protection which is granted to eac... Read >
Author: Jason M.09th July 2008
Federal and state laws are on the side of those who are in the process of stopping creditor calls, progressing beyond the normal range of decency and respectability--as long as a collection agency is the one at hand, not the original creditor. And stoppi... Read >
Author: Sammy Sweet20th June 2008
Violation of norms set by Fair Debt Collection Practices Act:
The FDCPA or the Fair Debt Collection Practices Act envisages that a debtor should not be harassed while debt collection. The FDCPA was framed to safeguard the rights of the consumers (debtors... Read >
Author: Jason Holmes27th May 2008
A collection agency is a business that pursues payments on debts owed by individuals or businesses. Most collection agencies operate as agents of creditors and collect debts for a fee or percentage of the total amount owed.
Some agencies, sometimes refer... Read >
Author: Christine Layug02nd April 2008
If you owe money and have fallen behind on payments and a collection agency tries to contact you, familiarize yourself with the Fair Debt Collection Practices Act and your rights. The FDCPA covers all personal, family, household debts as well as money owe... Read >
Author: Sarah Kathryn K21st January 2008
Debt Validation - A Powerful Tool
Have you received a collection letter? The law provides consumers with a powerful tool for dealing with collectors. Credit repair expert Jim Kemish explains the power of debt validation and how to use it to your benefi... Read >
Author: Jim Kemish08th October 2007
Nowadays, if you owe past due payments on credit cards, loans, mortgages or to any other lender, that can mean that your day starts with phone calls, is filled with telephone calls and ends with telephone calls. These calls might not be from your family ... Read >
Author: Belver Ladson02nd September 2007
Getting contacted by a collector is never a good thing. But there are laws that govern the behavior of collectors, and there are steps you can take to control the situation. Credit repair expert Jim Kemish discusses the rights and remedies that anyone f... Read >
Author: Jim Kemish07th July 2006
The number of complaints about debt collectors is on the rise. From 13,950 reported to the Federal Trade Commission in 2000, the number has ballooned to over 66,000 in 2005. And these are just the ones reported--the greater number of complaints go unrep... Read >
Author: Scott Clark18th June 2006
Your Consumer RightsBy Terry RiggIf you have ever fallen behind on your debts you already knowthat dealing with your creditors can be a hassle. Sometimesit can be downright humiliating. It doesn't have to be thatway.With millions of people experiencing fi... Read >
Terry Rigg
11th May 2006
Dealing with creditors and debt collection agencies is always a difficult ordeal. Their annoying and persistence way of tracking you down no matter where you are can be very frustrating for you, your family and even your fellow colleagues.
Fortunately,... Read >
Author: Moses Wright18th April 2006
The Fair Debt Collection Practices Act, also known as the FDCPA, is a law, which was passed by Congress that regulates the methods collection agencies, can use to collect money from debtors who are behind on their payments. In the past many collection age... Read >
Author: Joseph Kenny09th December 2005
If you are behind on your bills and on the receiving end of collection phone calls, you will probably hear collectors make some very threatening statements. While most debt collection professionals try to stay within the boundaries defined by the Federal ... Read >
Author: Charles Phelan
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