So, do you have any interest in debt, or do you? Not only that, but you’re burying your head in the financial sand. Debt settlement may be your answer. In today’s poor economic climate, it is not unheard of for a creditor or collector to make the first move by approaching you with a debt […]
Tag Archives: Collection Agencies
In part one of how to increase your credit or FICO score, I went over several methods that could potentially help your credit score. The methods that I mentioned included paying debts on time, paying down available balances, and not over applying for credit. In part two, I went over how collection account can effect […]
Debt collection is a billion dollar industry. Anyone can find themselves in a serious debt situation. Serious debtors report one or a string of unexpected events that led to their debt status as an accident, a family members death, divorce, sudden job loss, birth of a new child, unfavorable business venture or catastrophic event, such […]
If you have had the unfortunate pleasure of having an account turned over to a credit collection agency, you know how difficult it can be to handle the debt collectors. Some of the individuals working for these agencies use unethical and even illegal tactics in an attempt to bully you into paying your debt. There […]
Creditors must settle the lawsuit within the time limits set by the State of California. The time limit given to the creditor to file a lawsuit depends on the type of case filed. Like most attorneys, we have warned many people who are trying to collect on the wrong calling debt collectors with complaints age. […]
With many Americans underemployed or unemployed, already strained finances are leaving families unable to pay many of their bills and everyday household expenses. Late and unpaid credit card bills, home loans, bank loans, car loans, private student loans and others are causing some collection agencies to resort to some unethical and even illegal tactics. Many […]
Working independently to earn a living sometimes leads to financial trouble when contracted companies or individuals stop answering their phones and don’t pay up. The National Federation of Independent Business (NFIB) reports that nearly one in four small businesses claim their average invoiced payment extends 30 days past due. These unpaid accounts can directly affect […]
Everyone has heard the horror stories about debt collection agencies. Obviously, most of these companies were breaking the law in whatever they did to collect the money owed. Many people don’t know what these collectors can do right, and what they can’t do, that’s a big question. Such a lack of knowledge means that millions […]
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My knowledge of some of the most unscrupulous collection agencies came as a result of an identity theft situation. Years ago, my purse, car and brief case were stolen and the events which have transpired over the years are mind boggling. After filing various notices on my credit files and there are three of them, […]
Make up your mind to act decidedly and take the consequences. No good is ever done in this world by hesitation.“ – Thomas H. Huxley I have heard some bad things about debt settlement, also known as debt negotiation. The problem as I see it comes from misinformation and half truths from those that complain […]
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