Debt

Yes, they are capable. There are no regulations requiring debt collectors to accept a payment plan that works for you. Debt collectors seek to collect the debt as soon as possible, which can imply monthly payments that are prohibitively expensive. Things are just going to get worse. Debt collectors might take legal action against you […]

Is it lawful for a debt collector to call a cell phone? They aren’t in a lot of cases. Debt collectors will still phone you since they know you won’t do anything about it. You may, however, block these calls from reaching your cell phone. If the collector does not stop the calls, he or

Yes, it is correct. If you owe money to creditors, collectors, or anybody else, they can get a money judgment against you and freeze or take the funds in your bank account. Can a debt collector take money from my bank account without authorization? You may rest confident that a debt collector cannot simply come

According to my understanding of current court law and laws, it is perfectly legitimate for debt collectors to block their phone numbers. The court stated in Glover v. Client Services 2007 WL 2902209 that a collector might phone a blocked number. In sum, the Court finds that simply “blocking” a telephone number, as alleged in

You must react in writing and file it with the court by the filing deadline to protect your rights. You automatically lose if you do not answer, and the judgment may show on your credit report. To assist you react and assert any defenses that may apply to your case, go to this website for

Debt collectors are still entitled to ask you to repay your lawful debts, despite your FDCPA rights. There are a few things to keep in mind while you go through this procedure. Check your credit reports for collection accounts It’s critical to understand the age of any genuine bills you owe. This is because negative

A collection agency or debt collector can only withdraw money from your bank account if it obtains a judgment against you, according to federal law. According to Section 809 of the Fair Amount Collection Practices Act, the collection agency must give you 30 days to pay the debt via written notification. Following the 30-day period,

Assume you are a director of a struggling firm that owns and operates a small business that has suffered considerable losses over the last three years and is unable to pay its creditors. You and the other directors, as well as management, are considering applying for bankruptcy protection, but believe that if the firm can

You might be asking how to erase paid collections from a credit report if you don’t want to wait seven years for them to disappear from your credit record. When a debt is “sent to collection,” it means the lender has given up trying to collect the amount from you. Instead, they’ve enlisted the help

If you’re being requested to pay a time-barred obligation that isn’t yours, was already paid off, or is otherwise illegitimate, you can dispute the debt in writing. Can a statute barred debt be enforced? You might be wondering if you still have to pay an old loan. Is it really possible for your creditors to