Sentences with phrase «collecting such a debt»

The Act does not apply to the activities of a creditor collecting debts on its own behalf or to the creditor's employees collecting such a debt.

Not exact matches

Only under such crisis conditions can banks collect what has become a fictitious buildup of debt claims.

Patricia Adams has conveniently collected the history of law and legal theory regarding such debts in her book Odious Ddebts in her book Odious DebtsDebts.

Such an increase in debt, they note, «can be paid off with just a few years of the additional wage income ($ 7,000) that the average household is collecting each year» relative to 1992.

Your overdraft might also appear on your credit report if the bank writes off your debt, such as if the amount of your overdraft is negligible and not worth the time and expense involved in trying to collect it.

Debt validation is forcing a debt collection company to prove that the debt collection company is abiding by the federal laws such as the Fair Debt Collection Practices Act (FDCPA), reporting accurate information, and maintaining all of the documentation required by federal laws to collect on a dDebt validation is forcing a debt collection company to prove that the debt collection company is abiding by the federal laws such as the Fair Debt Collection Practices Act (FDCPA), reporting accurate information, and maintaining all of the documentation required by federal laws to collect on a ddebt collection company to prove that the debt collection company is abiding by the federal laws such as the Fair Debt Collection Practices Act (FDCPA), reporting accurate information, and maintaining all of the documentation required by federal laws to collect on a ddebt collection company is abiding by the federal laws such as the Fair Debt Collection Practices Act (FDCPA), reporting accurate information, and maintaining all of the documentation required by federal laws to collect on a dDebt Collection Practices Act (FDCPA), reporting accurate information, and maintaining all of the documentation required by federal laws to collect on a debtdebt.

We may need to take stronger action to collect your debt, such as:

Creditors also may be able to collect from you for debts incurred to pay for necessities, such as food and shelter.

He or she will use many steps to collect debts, which may include legal actions such as wage garnishment, repossession, and foreclosure.

Attempt to collect additional charges or interest fees on top of the alleged debt owed, unless the original contract or your state law allows such a charge

So filing bankruptcy (depending on the debts owed) may not prevent certain actions by the IRS, lawsuits to collect support payments, certain types of criminal restitution actions, and loans from a pension account such as an IRA.

Lenders who have already filed to foreclose on your home are only temporarily stalled, and other debts such as mortgage liens can be collected after the case is concluded.

Collecting or attempting to collect the expenses, or anything such as interest or other expenses incidental to the main debt, unless authorized by your agreement with the original creditor or otherwise permitted by law.

Some debts don't get removed from databases when payments are made to close them out, and as such some debt collectors try to collect on debts that were once in default, but paid off in a compromise.

Why do they sell the right to collect on unsecured debts at such deep discounts to the face value of the debts?

If they are unable to collect any delinquent amount you may have with them through such actions, they may also sell their debt to a third party debt buyer or engage a collection agency, who may also engage in collection activity with you.

Technically the FDCPA does not apply to original creditors such as banks, department stores, and other lenders who collect their own debts; however, no reputable lender is permitted to conduct themselves unprofessionally when dealing with consumers.

Laws governing debt collections, such as the federal Fair Debt Collection Practices Act, afford consumers certain rights with regard to how debt can be collecdebt collections, such as the federal Fair Debt Collection Practices Act, afford consumers certain rights with regard to how debt can be collecDebt Collection Practices Act, afford consumers certain rights with regard to how debt can be collecdebt can be collected.

These experts suggested that such reporting could yield benefits such as increased revenue collected or reduced tax debt inventory.

How much of this debt would be suitable to report to credit bureaus could depend on the purpose of the reporting proposal, such as to collect more debts or simply to inform other potential creditors of the existence of tax debts.

This system collects information from your credit report on your previous credit experiences, such as your bill payment history, the amount and type of accounts you have, whether you are timely in paying your bills, collection actions initiated against you, outstanding debts and the seniority of your accounts.

Having such big debts it may be tempting to withdraw funds from your 401 (k) plan as it seems they are just collecting dust until you retire.

Like most website operators, Debt Consolidation Programs collects non-personally-identifying information of the sort that web browsers and servers typically make available, such as the browser type, language preference, referring site, and the date and time of each visitor request.

In each case, Debt Consolidation Programs collects such information only insofar as is necessary or appropriate to fulfill the purpose of the visitor's interaction with Debt Consolidation Programs.

Also, while a collections agency can attempt to collect a debt on which the statute of limitations has run out, suing or threatening to sue the borrower for such a debt is considered to be in violation of the FDCPA.

If you defaulted on student loans that you took out from a private lender, such as Sallie Mae, Navient, National Collegiate Student Loan Trust, then they will use their vast debt collection resources and teams of attorneys to sue you to collect the debt.

At the end of your bankruptcy you are discharged from your debts, and any funds collected by your trustee, such as your tax refund or surplus income, are distributed to your creditors.

In these cases the creditor may be able to collect the debt from a third party such as an employer or a financial institution where the debtor has accounts.

Thus, so long as the use of debt collectors is consistent with the regulatory requirements (such as, providers obtain the proper consents, the disclosure is of the minimum amount of information necessary to collect the debt, the provider or health plan enter into a business associate agreement with the debt collector, etc.), relying upon debt collectors to obtain reimbursement for the provision of health care would not be prohibited by the regulation.

Paying off other forms of debt such as auto loans, room additions, remodeling costs and many other forms of debt a person can collect which would create financial problems for their family members left behind.

The question of whether an attorney is regularly engaged in debt collection is made by courts on a case - by - case basis, with courts looking at factors such as percentage of revenue generated by the debt - collecting activities; the volume of debt - collecting activities; and whether the attorney has an on - going relationship with a collection service.

It regulates collections made by third parties, such as attorneys, on behalf of another, but it does not apply to the activities of a creditor collecting debts on its own behalf or to the creditor's employees.

Such factors include, but are not limited to: the Company's ability to meet debt service requirements, the availability and terms of financing, changes in the Company's credit rating, changes in market rates of interest and foreign exchange rates for foreign currencies, changes in value of investments in foreign entities, the ability to hedge interest rate risk, risks associated with the acquisition, development, expansion, leasing and management of properties, general risks related to retail real estate, the liquidity of real estate investments, environmental liabilities, international, national, regional and local economic climates, changes in market rental rates, trends in the retail industry, relationships with anchor tenants, the inability to collect rent due to the bankruptcy or insolvency of tenants or otherwise, risks relating to joint venture properties, costs of common area maintenance, competitive market forces, risks related to international activities, insurance costs and coverage, terrorist activities, changes in economic and market conditions and maintenance of our status as a real estate investment trust.