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29th September 2009
1. Stop the Collection Calls: Instruct the debt collector to stop calling you at home or at work. Write them a letter if you can with those instructions and save a copy. If the calls continue, they have violated the Fair Debt Collection Practices Act by h... Read >
Author: creditlaw29th September 2009
Picture for a instant, that you owe somebody named Joe some money, and somebody phones you or rings your doorbell, and when you answer a person by the name of Victor says that he's been authorized by Joe to collect the money that you owe him.
Even if y... Read >
Author: Michael Redbourn28th September 2009
You could need to hire a specialized solicitor if you're a Detroit resident, and are Dealing With Debt Collectors In Detroit Michigan.This page will debate the Fair Debt Collection Practices Act as well as your rights under the FDCPA. Many consumers do... Read >
Author: Byron Roberts28th September 2009
You might need to hire a specialized solicitor if you are a Michigan resident, and are Dealing With Debt Collectors In Michigan.This page will discuss the Fair Debt Collection Practices Act as well as your rights under the FDCPA. Many consumers don't u... Read >
Author: Byron Roberts25th 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 Webber23rd September 2009
You may need to Sue Debt Collectors in Detroit if you are a resident of the city of Detroit and continue to be harassed. This page will discuss the Fair Debt Collection Practices Act as well as your rights under the FDCPA.Many consumers do not understand ... Read >
Author: Byron Roberts23rd September 2009
In many circumstances, the consumer has rights against the collector which might avoid the need for bankruptcy relief. One weapon is the Fair Debt Collection Practices Act or FDCPA.
The FDCPA prohibits contracts from third parties if the collector kno... Read >
Author: smithsbryan23rd September 2009
Allied Interstate Inc. is a collection agency not in the good books of most. It has gained popularity for various wrong reasons like faulty debt collection practices. They are known to have violated the Fair Debt Collection Practices Act (FTCPA) rules sev... Read >
Author: Jason Holmes21st 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.craig15th September 2009
What You Can Do for Yourself
Review your specific obligations that creditors claim you owe to make certain you really owe them. If you dispute a debt, first contact the creditor directly to resolve your questions. If you still have questions about the ... Read >
Author: wbdoyle15th September 2009
If you fall behind in repaying your creditors, or an error is made on your accounts, you may be contacted by a "debt collector."
You should know that in either situation, the Fair Debt Collection Practices Act requires that debt collectors treat you fa... Read >
Author: wbdoyle15th September 2009
If you owe money to a debt collection agency or debt collector, you need to know what they can and cannot do in order to collect monies owed to them. You have an obligation to pay what you owe, and the debt collectors have an obligation to follow the law... Read >
Author: wbdoyle15th September 2009
Are you worrying of paying your credit card debt? Are you truly in trouble with your financial? Dealing with credit card debt is not as hard as you may think.If there's any consolation, you're not the only one facing such situation. At some point, many pe... Read >
Author: wbdoyle11th September 2009
Do you have a hard time paying your credit card bills? Starting to get notices from waiting creditors to pay? Worried that you might lose your properties like your house because of credit debt? Chin up: Dealing with credit card debt is not as hard as you ... Read >
31st August 2009
Telephone Common Sense
Credit repair offers several powerful techniques for dealing with collectors. Collectors are famous for high pressure phone calls. Here is a great way to manage those disturbing diatribes. You know better than to talk to stranger... Read >
Author: Ian Webber23rd 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 Group20th August 2009
Consumers who are “between jobs” have seen their credit card balances explode as they swipe plastic to make ends meet. Their interest rates have soared too, thanks to something called the Universal Default Provision in their credit agreement: miss any... Read >
Author: William Rose12th August 2009
As a well known credit guru people regularly ask me if credit repair really works. Credit repair can be very effective if performed the right way.
The real issue is that many “credit repair” companies collect money from consumers for credit repair... Read >
Author: BlakeK11th August 2009
This page will provide resources to Sue Debt Collectors In Michigan. I will discuss fair debt collection practices, and where to find more information and resources on Michigan Fair Debt Collection Laws. If you need further assistance in litigating agai... Read >
Author: Jennifer Stover17th July 2009
Discover how to quickly and effectively stop constant phone calls, letters and ongoing harassment by persistent creditors, debt collectors and collection agencies without much effort, time and money. It isn't enough to just sit back and take ongoing haras... Read >
Author: HairCareHints16th July 2009
An act is a piece of legislation. In the business world, it protects the rights of both the creditor and the debtor. The law should protect the debtor and at the same time provide for legal ways through which a creditor can recover his or her money. Debt ... Read >
Author: Mercy16th July 2009
A fair debt collection act protects the rights of both the creditor and the debtor. A debt collection act prohibits collection agencies from abusive practices. Debt collection refers to pursuing payments on debts owed by individuals or businesses. The deb... Read >
Author: Mercy10th July 2009
Discover how to quickly and effectively stop constant phone calls, letters and ongoing harassment by persistent creditors, debt collectors and collection agencies without much effort, time and money. It isn't enough to just sit back and take ongoing haras... Read >
Author: TopLawyer26th June 2009
There are so many rules out there. One can feel a bit tired of them all. But as we all know, these rules are here to protect us. Now, since the economic status of the world is in peril, consumers really need more protection. Knowing the credit card laws c... Read >
Author: J. Owens17th June 2009
Using Credit Repair Properly
Credit repair is about more than just disputing questionable derogatory data with the credit bureaus. A truly effective credit repair service will incorporate appropriate use of all available legal leverage to protect your ... Read >
Author: Ian Webber14th June 2009
Debt management facilities offer borrowers an effective way of dealing with their debt, and avail solutions to redeem their outstanding dues. One of the most beneficial aspects of debt management is a reduction in the monthly payments. Debt settlement pro... Read >
Author: Declan07th June 2009
All of you know how important it is to have a good credit score. However, some of you may have bad credit which definitely you would want to repair. Letters of credit help you repair bad credit that you have. Since you know credit score is very important ... Read >
Author: Justin06th June 2009
Introduction
Effective credit repair requires a combination of technical and legal skill along with a healthy dose of common sense. The technical approach requires an understanding of the inner workings of the FICO credit scoring model. The legal appro... Read >
Author: Ian Webber06th June 2009
The number of federal laws ostensibly designed to protect homeowners and borrowers from predatory or discriminatory lending is mind boggling. With the dozens of laws in place that were supposed to protect people buying homes and regulate the financial ind... Read >
Author: Nick Adama06th 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 >
19th May 2009
Recovering bad debts is a tedious task and nothing is certain about it, neither the duration it will take nor the amount that will be recovered. However, before the debt can be claimed, it is essential to recognize it at the right time.
Debtors fo... Read >
Author: pramod19th May 2009
It should come as no surprise that the vast majority of people who fall behind on debt payments do so for financial hardship reasons -- not because they are simply deadbeats. Despite, this, however debt collection agencies often take steps to inflict the ... Read >
Author: Nick Adama13th May 2009
When you fail to pay the minimum amount accruing on your debts, it’s time to think about debt settlement. The earlier it is settled, the better it is.
A proper plan, process and guidance can help you in the following:
* Stick to lower month... Read >
Author: Ellizabeth13th May 2009
When you fail to pay the minimum amount accruing on your debts, it’s time to think about debt settlement. The earlier it is settled, the better it is.
A proper plan, process and guidance can help you in the following:
* Stick to lower month... Read >
Author: Ellizabeth08th May 2009
The Fair Debt Collection Practices Act (FDCPA) is a federal law that has been created to protect consumers of credit from abusive actions of collection agencies that are attempting to pursue a debt. It provides important protections for homeowners and put... Read >
Author: Nick Adama07th May 2009
Are you getting calls from debt collectors? Threatening letters in the mail perhaps? These are two commonly used approaches used by collection agencies to intimidate you into paying up. It is important to know what rights you have in such a situation.
... Read >
Author: abraham27th March 2009
If you owe money on a loan, use credit cards, or are currently paying on a home mortgage, you are the “debtor”. If in the case you were to fall behind on repaying the creditors, you may be contacted by a “debt collector”. Sometimes if an error i... Read >
Author: Pauli25th March 2009
In regard to the question, "Can a creditor obtain a judgment without serving the debtor?" the answer is no. Protected by federal laws under the Fair Debt Collection Practices Act (FDCPA), an unsecured creditor, whether by agreement or not, may not grab o... Read >
Author: Julia Tanady25th 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 Webber09th January 2009
It can be frustrating when you fall behind on your payments and can't seem to get anywhere, especially if you try to deal with your lender in order to make payment arrangements. Then you start to get continuous calls from a debt collection services compan... Read >
Author: MIKE SELVON13th 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: gregartim13th December 2008
As we all know, the country is in the midst of an economic crisis. Delinquencies on credit card accounts are at an all time high. Many of these delinquent accounts are being sold to unsavory debt collection agencies who have purchased the debt for penni... Read >
Author: gregartim01st December 2008
On October 31st, 2008 an interesting case was decided in the United States District Court for the Southern District of California.
The scenario is as follows: The Tina's fell behind on their mortgage payments and Countrywide instituted a foreclosure an... Read >
Author: LoanmodificationstudioWebGuy22nd November 2008
Now is the Time for Credit Repair
The quality of your credit has never been as important as it is today. Lenders have tightened their guidelines and interest rates are now determined by new Risk-Based Pricing models; the lower your credit score, the hi... Read >
Author: Jim Kemish03rd November 2008
Do you get panic attacks every time you go to sleep at night? Does your telephone or mobile phone keep ringing non stop with an unknown number? If you are one of those who are constantly hounded and harassed by debt collectors, you know exactly what I'm t... Read >
Author: Debb Kellar23rd October 2008
Palisades Collection primarily collects for AT&T. They are a subsidiary of Asta Funding another collection agency.
However there are numerous individuals that dispute that they ever had an account with AT&T. There are also a number of people that have ... Read >
Author: dmoskel15th October 2008
In 1978, the Fair Debt Collection Practices Act was added, as Title VIII, to the Consumer Credit Protection Act. Its purpose is to ensure debt collection is pursued fairly rather than abusively and to give consumers a way to dispute or validate the accura... Read >
Author: Joe Cline25th September 2008
Successful Dealings with Creditors
Interactions with creditors, especially if you don't have the money to pay them, can be quite stressful and frustrating. The challenge here is to be able to get them on your side in spite of a difficult financial situa... Read >
Author: Huda15th September 2008
The debt validation is the beginning of eliminating the account. Some say "a debt is a debt is a debt" and pay up. However, if the "owner" who has purchased the alleged account in a portfolio is junk debt and worthless - PROVE IT. The law says to prove it... Read >
Author: Next Level Unlimited08th 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
Do you constantly get harassed by creditors because you maybe late on a payment or two? Do you avoid answering the phone thinking it’s another bill collector? Most of us cringe when the phone rings especially when you are in financial hardships.
Fo... Read >
Author: Lu Ward08th 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 Verma04th September 2008
Have bad credit? Need credit repair? Care to repair your own credit or even hire a credit service organization? Before you do so, you should tune into the Credit Restoration Consultants Hour with credit repair expert Bill Lewis. Bill can be heard weekday'... Read >
Author: William E. Lewis, Jr.02nd September 2008
If you have credit cards, chances are you may run into some debt at some point. And if you run up considerable debt, an official debt collector may contact you. Do not be afraid. Debt collectors are not evil, and there are rules that they have to follow. ... Read >
Author: Mike Peterson27th August 2008
Dealing with the dreaded debt collector has become easier with the advent of the internet. With just a few key strokes, a lot of patience and motivation, one can find all sorts of interesting information on dealing with collection agencies and their scoun... Read >
Author: David S21st 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 Group13th August 2008
If that fails to solve the problem, there are professional bill collectors you can hire to take over the process.
Be aware, however, that federal and state laws govern the steps that third-party collectors can take.
The U.S. Fair Debt Collection Pract... Read >
Author: D.C. Fawcett12th August 2008
Know Your Rights!
If you are contacted by a collector you should know your rights. A nationally recognized consumer advocate and credit repair expert offers some useful advice about dealing with collectors, and coming out ahead.
The Basic Rules
C... Read >
Author: Jim Kemish23rd July 2008
So you have defaulted on a credit account. The debt collector calls and demands immediate payment of the debt. The debt collector then makes the following threat: “If you do not pay this debt by Monday at noon, we will garnish your wages, starting wit... Read >
Author: gregartim22nd July 2008
Many people are aware that the Government has passed regulations that regulate how credit collection companies can operate. However, very few people are aware of how they can apply these regulations to their advantage when dealing with a collection compan... Read >
Author: Aubrey Clark21st 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 Layug18th July 2008
If you have ever fallen behind on your credit cards you know that dealing with bill collectors can be an extremely frustrating and stressful experience. Government legislation such as the Fair Debt Collection Practices Act has forced the collection ind... Read >
Author: Jason M.18th July 2008
A Consumer Advocate specializing in Debt Collection Practices can be an effective option to help you get through the credit collection process. Consumer Advocates or Unions are set up to act as a layer of protection between you and the creditor/collect... Read >
Author: Jason M.17th 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.16th July 2008
From what my clients have told me, this threat occurs with great frequency. The typical scenario is that the individual has defaulted on a credit account. The original creditor, be it Citibank or Capital One or whomever, fails in its attempts to get the... Read >
Author: gregartim14th July 2008
Credit Restoration Consultants basically is a credit service organization. They are basically specialized in the restoration of consumer credit worthiness and also identity theft if any. They are there to assist consumers and provide help to achieve a man... Read >
Author: Bill Hartzer10th July 2008
When creditors failed to collect debts on debtors, some creditors tend to seek professional help from a third party collection agency. The term collection agency is usually applied to third-party agencies, called such because they were not a party to the ... Read >
Author: Christine Layug09th 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 Sweet06th July 2008
How does the company operate?
Midland Credit Management approaches credit card companies, banks as well as non banking financial institutions to buy their “charged off” or the bad debt accounts. These defaulting debt accounts are usually bought for... Read >
Author: Jason Holmes30th June 2008
The Credit Repair Journey Begins
Bob and Sue are real people. They are smart and resourceful, but several years ago they made some bad choices. Soon their credit was a mess. So they started their credit repair journey. Here are a few of their credit re... Read >
Author: Jim Kemish30th June 2008
How do the officials at Allied Interstate Collection Agency treat consumers?
The section below highlights the various ways in, which the pending debt amount is recovered from the consumers.
8. They try to settle the debt amount and discourage consumer... Read >
Author: Jason Holmes20th 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 Holmes18th June 2008
Collectors use both law and psychology in the practice of their craft. Many collectors operate legitimately, while others cross the line daily. Do you know your rights? A nationally recognized credit repair expert explains the correct way to deal with a c... Read >
Author: Jim Kemish04th June 2008
Those undergoing a difficult financial situation know how annoying debt collectors can be and how often they disrupt people’s life and contribute to increase the stress of an already stressful situation. Some of the practices that debt collectors use ar... Read >
Author: Lara Sawyer27th 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 Layug09th April 2008
Debt collectors have become a new nuisance we will have to get used to. Besides knowing that there are some illegal practices you can report, there is not much you can do to stop the harassing calls and letters unless you are determined to solve your debt... Read >
Author: Devora Witts02nd April 2008
In today’s society it is very easy to get a credit card. Unfortunately, some people obtain too many credit cards, then cannot keep up with the payments. The credit card company sends you a notice of default, and threatens a lawsuit. Then, either the ... Read >
Author: gregartim02nd 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 K20th March 2008
One of the main concerns when dealing with bill collectors is knowing how to safeguard yourself and handle the debt collectors and not let the situation escalate beyond your control. There a few ways to do that.
There is an act that was designed just f... Read >
Author: Moses Wright21st 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 Kemish31st October 2007
If you have debt and you’re living paycheck to paycheck, then you need to be aware of what could happen if you lose your job. When you miss a payment on a credit card or loan, then the companies you owe will start the debt collection process. Let’s sa... Read >
Author: Bob Guy02nd 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 Kemish19th April 2007
The debt negotiation process is a strategic and a timely matter. There are many contributing factors to consider, in order of ACHIEVING successful negotiations. First off, you must verify the delinquency status. A creditor is more likely to engage in neg... Read >
Author: Robert Zangrilli20th January 2007
There are many reasons why a person may have fallen behind on there bills. Most of them are good honest reasons. But just because you fall behind in your bills doesn’t mean you should be harassed, intimidated or even embarrassed by debt collectors.
I... Read >
Author: Thomas Berten21st December 2006
What is it?
The Statue of Limitation is known as the time limit period that a creditor has in order to file for a federal court lawsuit to request the repay of the whole amount of debt from a debtor.
If the creditor does not file the lawsuit on the sta... Read >
Author: Nancy Smith27th November 2006
No one is free from becoming indebted, but people with impulsive behaviors and compulsive buyers are the most prone to fall into great amounts of debt. After this happens, specialized agencies start the collection process.
The most common collectors ar... Read >
Author: Debbie White29th August 2006
The phone is ringing off the hook and caller ID identifies the incoming calls as "unknown caller," toll-free call," or "out of area." When you finally politely answer the phone you're confronted by an obnoxious, rude and threatening bill collector.
If ... Read >
Author: Susan Megge07th 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 Clark06th July 2006
Flashing a credit card of some reputed company has become a way of life and a major style factor in recent times. It is a fashion statement with the youngsters. This is the magic of the advertisers to lure such innocent victims into the credit card trap. ... Read >
Author: Jim Glu03rd July 2006
Here are the top 7 questions we hear from consumers about credit reports and credit scores...
1. Will closing paid off credit card accounts improve my credit score?
This will surprise many of you, but closing paid off credit card accounts can ac... Read >
Author: Myra Golden26th June 2006
So you are getting collection calls? You're desk is full of unpaid bills. You dread answering the phone. You are having trouble sleeping at night because you are worrying about a bunch of bills. You feel depressed. Does any of this sound familiar? If it d... Read >
Author: Walter Silcox18th 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
18th 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 Kenny11th February 2006
Debt Consolidation of Different Loans
Debt consolidation refers to the restructuring of a large number of unsecured debts into one low monthly payment, while eliminating interest and reducing the total amount owed to creditors. Debt consolidation has b... Read >
Author: Mike Lucas09th 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 Phelan16th November 2005
The business of debt collection has become very lucrative and the collection of "old" is on the rise. It would be wise to know your rights when it comes to getting collection calls for old debt especially debt that is excess of seven years and no longer a... Read >
Author: Marjorie Salada03rd October 2005
If a customer owes your local business money, it's hard not to feel angry, like you want to do anything possible to get your money back. But the days of going all out to collect on a debt over.
The Fair Debt Collection Practices Act, designed to pro... Read >
Author: Joel Walsh05th September 2005
HAVEN'T YOU WAITED LONG ENOUGH FOR YOUR MONEY?
By Jim Finucan
Tiare Publications Group
461words
Business-to-business debt collecting is a different ball game than
collecting from an individual debtor. Once things have gotten to the
point where... Read >
Author: Jim Finucan
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