The reason I ask is because some situations are
more about debt collection than real estate so you need a different type of attorney.
Multiple events relating to student loans sparked a national buzz
about debt collection practices and policies regarding student loan debt obligations that involve death or disability.
Today we'll also start taking
complaints about debt collection problems related to any consumer debt, including credit card debt, mortgages, auto loans, medical bills, and student loans.
As of Dec. 2016, data from the Consumer Financial Protection Bureau (CFPB) found that 39 % of consumers
complaining about debt collection practices said they were being contacted about debts they no longer owed.
However, collection agencies have experience with and
knowledge about debt collection that we, as individual business owners, don't have and hiring one can be well worth it if a number of outstanding accounts receivable warrants it.
Today, Reilly Dolan, Acting Associate Director, Division of Financial Practices, FTC, testified before the Senate Banking Committee's Subcommittee on Financial Institutions and Consumer
Protection about debt collection.
Numerous articles have been written on this
Forum about debt collection companies who buy «zombie debt,» i.e. debt that is no longer owed due to the expiration of the statute of limitations.
A report released by the Federal Trade Commission Monday featured the FTC's complaints
about debt collection in our country today.
Dealing and negotiating with
creditors About debt collection practices and your rights How to deal with debt collection agencies How the Fair Debt Collection Act protect your rights How does dealing with creditors help in credit repair?
I don't have a website anywhere that says I sue debt collectors; all I have is a consumer law blog that talks a
lot about debt collection and other consumer issues.
To
complain about debt collection practices, go to your local Better Business Bureau, and the Federal Trade Commission (FTC) takes consumer complaints online and through its toll - free number: (800) FTC - HELP.
One time my waitress came up to me after I paid for breakfast, and asked «hey, are you the same guy who writes that
blog about debt collection?»
Calls like that are not only scary, they're illegal, yet you hear and read
them about debt collection agencies all the time.
This will empower you with the knowledge that everyone should have,
about debt collection and your consumer rights.
Features news and information for consumers
about debt collection and dealing with debt collectors and the debt collection industry.