Sentences with phrase «collection claims of creditors»

Not exact matches

Request the name of the original creditor, the amount the collector claims you owe and when the account was placed for collection.

The primary consumer protection problem areas that have given rise to the States» actions include: (1) unsubstantiated claims of consumer savings; (2) deceptive representations about the length of time necessary to complete a debt relief program; (3) misleading or failing to adequately inform consumers that they will be subject to continued collection efforts, including lawsuits, and that their account balances will increase due to extended nonpayment under the program; (4) deceptive disparagement of consumer credit counseling; (5) deceptive disparagement of bankruptcy as an alternative for debtors; (6) lack of screening and analysis to determine suitability of debt relief programs for individual debtors; (7) the collection of substantial up - front fees so the debt relief company gains even if it fails to perform; (8) lack of transparency and information for consumers as to payment of fees, status of accounts, and communications with creditors; (9) significant delays in active negotiation or engagement with creditors, coupled with prohibitions on direct consumer communications with creditors; and (10), in the case of debt settlement companies, basing savings claims (and settlement fees) not on the original account balance, but on the inflated amount due (including late fees and default rates of interest) at the time of settlement.

Written records of what you say to your creditors / collectors protect you from future creditor claims and help you avoid problems while you negotiate with creditors / collection agencies.

Our lawyers take on commercial collections claims for banks, lenders, financial service providers and creditors of all sizes and all needs.

The problem involved creditors, especially collection agencies, who were pursuing small claims sized matters in the Court of Queen's Bench, which presented difficulty for those who could not afford a lawyer to represent them in that Court.