Debt Collection

News

1. 
   Business Predictions for 2013: Future for Fiscal Cliff, Credit Cards, Mobile Wallet

   Thu, 6 Dec 2012

   much as there was when the debt ceiling dominated the discussion postponed, similar to the debt ceiling situation." Will 5 billion in credit card debt that Card Hub projects U has put credit bureaus and debt collectors under the microscope already
2. When Debt Collectors Go After American War Heroes

   Sun, 21 Oct 2012

   scandalous behavior by debt collectors , I thought I'd among us. Many debt collectors berate and humiliate Now, not all debt collectors are evil, and for alone. Despite the Fair Debt Collection Practices Act --- amended in
3. 
   The Secret Ties Between Debt Collectors & DAs

   Sun, 30 Sep 2012

   Of all the debt collection scams, the ones that credibility -- to debt collection companies, as a recent It's split between the debt collection company and (wait private businesses, debt collectors might not be the best
4. Lawsuit Says Capital One Practices Illegal Debt Collection

   Fri, 28 Sep 2012

   Slamowitz for violating the Fair Debt Collection Practices Act . The FDCP was added in which eliminates abusive debt collection practices. The complaint represent them based on the Fair Debt Collection Practices Act . Many are brought by those
5. 
   Fraud Charges Filed Against Alleged Scammer Seen on 'Nightline'

   Thu, 23 Aug 2012

   connection with a massive debt collection scam that was highlighted who claim to be debt collectors poised to initiate we call a phantom debt collection scam," said Jon so-called "phantom" debt collectors with Indian accents
6. 
   Top 5 Tips to Fight Junk Debt Lawsuits

   Sat, 18 Aug 2012

   Creditors who buy consumers' old debt for pennies on the dollar have increasingly won of credit card lawsuits, often the source of debt junk suits, "flawed." A common example of junk debt is credit card debt that a private company purchases
7. Collectors Robo-Signing for Credit Card Debt Suits

   Mon, 13 Aug 2012

   suing to collect their debt are said to be "flawed prove the person owes the debt ," said Brooklyn civil that in some instances, debt collectors have not provided adequate in actions brought by debt collectors to ensure the collector

Videos

1. 
   Dealing With Debt Collectors

   Wed, 2 Jun 2010

   not long before debt collectors start calling handle calls from debt collectors . Hi there Gerri under the federal fair debt collection practices act may have to send because many of these debt collectors are literally these

   Debt Collectors found at 0:10, 2:38, 4:09

   we'll have to wait. When that happens it's usually not long before debt collectors start calling. So what do you do when one calls you what should you say and more importantly what should you not day. Jerry debt -- a personal finance expert with credit dot com and author of the book reduce that reduce stress. Real life solutions for solving your credit crisis joins us now with some tips on how to handle calls from debt collectors . Hi there Gerri thanks for joining us. I -- so -- very first thing you should do if a debt collector calls. When a debt collector calls tell them one thing.

   Put it in writing this is your right under the federal fair debt collection practices act may have to send your written notice within five business days. And you want that noticing you can investigate your options for dealing with that debt . So once the notice comes in the mail you what -- the notice say what will it spurning the never. Wright to notice is gonna tell you who they are what Qaeda in debt they're collecting how much it's four -- actress now wants you get that written notice you have a second right and that second right is to ask them to verify that debt . So essentially -- saying. Prove to -- the debt and they have thirty days to do that while they verify the debt they have to stop collection activity. And that gives you more time to research what are your options -- this -- is the amount correct. If bio at home I gonna pay it I don't know what am I gonna do to try to resolve it so while you're asking them for this verification they can not call you again is that right. That's correct collection activity must stop until they bear up by the dead in writing okay now is there anything that you do not want to do Thursday when a debt collector -- The biggest mistake when talking to a debt collector is -- it too much in giving them too much information so for example don't say -- five -- just stop calling me because that's admitting the debt or. Especially if you're not sure whether you -- it or you don't wanna get your bank account number even if you do well but that I wouldn't get a collector stranger calling me by bank account number. Debit card number over the phone to try to its -- British shortest possible again asked for the verification and writing. And then keep your conversations -- is there any used to negotiating with a debt collector and they're not really empowered to help you in anyway is that right. You are absolutely. You bright that you can negotiate with a debt collector in fact what we're seeing is better settlements than ever in the past because many of these debt collectors are literally -- these debts for pennies on the dollar. So even if you can't afford the full amount -- maybe there were some dispute over the debt . You may be able to resolve it for an amount that you can't afford which can be substantially less than the original

   similar things. And then keep track of that information because -- the debt collector has illegally harmed your credit. You may have additional leverage for fighting back now can the debt collector across the line over the phone there are some things that they are not allowed to say and if they do say these things you have any recourse. We're hearing lots of reports of debt collectors that do you cross the line -- had a friend who was eight months pregnant was told she'd spend the weekend in jail if she didn't pay credit card debt that was -- and that's illegal we don't have debtor's prison in America so. Debt collectors can't threaten to take any action. That they can't or won't -- usually that means if they're gonna do some things you like go after your wages. Or try to go after property you -- typically have to take you to court first and get a court judgment. So be very suspicious if the debt collectors saying things like we're gonna call the sheriff. You're gonna be in jail we're gonna call your box and take money out
2. 
   Debt Collectors Gone Wild

   Thu, 18 Jan 2007

   was made by a debt collector who tapes of how some debt collectors go about their the tactics of debt collectors . Listen to these calls made by debt collectors to consumers absolutely only. the debt collection industry told

   Debt Collection found at 4:19

   the -- It is not only offensive but absolutely only. -- the debt collection industry told us such calls are rare that the industry goes to great lengths to train and monitor its debt collectors . Is that true if you just pay the bills by the way they would have to suffer -- these calls within while
3. 
   Debt Collectors Shocking Tactics

   Tue, 22 Mar 2011

   through the spines of hardworking Americans debt collector. We learned today the complaints about abusive debt collectors have increased 17%. Since last year quite proud that the why A Pennsylvania debt collector is even accused of setting up

   Debt Collectors found at 0:08

   two words that send a shiver through the spines of hardworking Americans debt collector. We learned today the complaints about abusive debt collectors have increased 17%. Since last year. And there are some outrageous new tactics they are using to get people to pay up
4. 
   Increased Complaints Against Debt Collectors

   Sun, 20 Nov 2011

   so the business of debt collection is booming. No one horrifying. call from debt collectors . The government says complaints about debt collectors jumped by more than the countries now in debt collection . Clearly is on the

   Debt Collection found at 0:05, 0:54

   credit balances are coming down but even so the business of debt collection is booming. No one argues Americans have to pay -- what they borrow but tonight ABC's John Berman on the disturbing and

   As a result of the financial situation the countries now in debt collection . Clearly is on the rise and use of deceptive and unfair practices also are on the rise to --
5. 
   Abusive Debt Collectors Cross the Line

   Fri, 19 Jan 2007

   And now abusive debt collectors are using tactics that are illegal indeed there is law about what debt collectors can and cannot do but our investigation being abused and threatened by debt collectors . After. Your door. art talk

   Debt Collectors found at 0:06, 0:24, 1:46

   And now abusive debt collectors are using tactics that are illegal and that you should be aware of -- you're gonna be stunned -- just how far

   is really shocking -- indeed -- there is -- law about what debt collectors can and cannot do but our investigation found a record number of Americans are being abused and threatened by debt collectors .

   And debt collectors across the country have been caught on tape doing their own version of mr. -- Tapes provided to 220 by consumers and
6. 
   Dealing With Debt : Negotiating With Collectors

   Mon, 23 May 2011

   If you say I am willing to pay this debt aren't willing to settle it. But repayment plan can you actually get that debt taken off your credit report you have credit report. This bill opens up the fair credit reporting act and you pay or settle a medical collection in the US 336 to 82 under the medical debt relief act. This year some medical

   Fair Credit Reporting Act found at 6:09

   it doesn't come off your credit report. This bill opens up the fair credit reporting act and -- you pay or settle a medical collection. Under twenty five's. Hundred dollars rather than waiting seven years the time period we'd be moved up to 45 days. This is a big win for consumers and were working hard on the bill last year was passed in the US -- 336 to 82 under the medical debt relief act. This year some medical -- responsibility. Act and ladies and gentlemen pay attention to it he'll be reintroduced this week
7. 
   Debt Collectors Gone Wild

   Sat, 25 Sep 2010

   Debt collectors . It's understandable understand this some debt collectors have gotten away with Cynthia complaints about debt collectors and tactics remain by able to the calls to the debt collection company used by Bank

   Debt Collection found at 3:12, 3:55, 6:25

   Jones' lawyers were able to -- the calls to the debt collection company used by Bank of America. Advanced call center technologies. ACT. And one of its employees in Arlington Texas Carlos Oliva who

   meal -- In testimony for a lawsuit brought by Alan Jones the debt collector said he had been hired by -- CT just seven months after he left prison. Where he said he developed racial attitude. So it's kind of hard to shake -- six years of prison time. In another case involving another Bank of America customers. The same debt collection company how did Jeff -- of Lynchburg Virginia with similar phone tactic.

   calls on its behalf. Bank of America continued to use the same debt collection agency to handle overdue accounts. -- If Bank of America won't stop sending its business to collection agencies like this in his