November 9, 2009 by codename47 | Comments Off
Now that you are aware of what happens when debt collectors violate the FDCPA and you have some recorded phone calls, credit reporting violations, and false or misleading statements by a collector, what do you do then?
You sue them.
Nothing gets a company’s attention like slapping them with a lawsuit. As the saying goes, it’s [...]How to Sue Debt Collectors from personal finance blog
October 27, 2009 by codename47 | 1 Comment
Junk Debt Buyers, also called JDB’s, engage in the business of buying distressed assets at pennies on the dollar and then try to collect on that debt. Sometimes they try to go after the full amount, sometimes they’ll accept a settlement amount of 50% or less. It’s not a bad business to be in, except [...]What are Junk Debt Buyers? from personal finance blog Bargaineering.com.
October 21, 2009 by codename47 | 2 Comments
As we learned in this classic abusive debt collection story, and Craig’s awesome response, debt collectors are often unfamiliar with the law. Not only are they unfamiliar with it, they routine violate it… which means you get to collect from them.
Want an example? Let’s say you call a collector to check on the status of [...]When Debt Collectors Violate the FDCPA from personal fin
October 8, 2009 by codename47 | 1 Comment
So I sent a debt collection dispute letter, now what?
Well, now you wait.
In most states, the collector has 2 options:
They can cease all collection efforts and drop the issue completely, or,
They can get validation and try to collect again.
Unless they validate the debt, including all the fees the collection agency has added on, you [...]What Constitutes Debt Validation? from personal finance
September 29, 2009 by codename47 | 1 Comment
This is the second guest post in a special How to Fight Debt Collectors series on Bargaineering.com.
Writing a debt collection dispute letter is the first line of defense against a debt collector. Make them prove that the debt is legitimate before you do anything. Just because they have your name doesn’t mean the debt is [...]Writing Your Debt Collection Dispute Letter from personal finance
September 28, 2009 by codename47 | Comments Off
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 [...]How to Research Debt Collectors & Understand the La