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.
Not exact matches
The positive spot features Michelle Minton, a Republican mother of two from Buffalo,
who says she was harassed and threatened by a predatory
debt collection company for a $ 4,400 bill she didn't owe.
Betsy DeVos and the Department of Education handed student loan and
debt collection companies a big break after reversing a rule that limited fees incurred on borrowers
who defaulted on their student loans.
The
company states its team includes credit experts, loan officers,
debt negotiators, and people
who have worked as
collection agents.
The
debt may be passed to the internal
collection office, but it's still then handled by the
company who you first incurred the
debt with.
As explained in this post, your private student loans start out one place but end up —
who knows where... There is NO paper trail following the history of a private student loan, so do you expect the
debt collection company to validate the
debt once challenged?
Collectors
who are under contract to collect
debts for a credit department or credit
company;
collection agency.
Debt collection companies have vast resources of attorneys
who sue consumers all day every day.
This may be a chore as the people
who you owe money to can «sell» your
debt to
debt collection companies.
WHO is protecting the creditors,
collection agencies, and
debt settlement
companies from consumers that make ill advised life choices - and reap all the benefits of the relationship?
This includes
collection agencies, lawyers
who collect
debts on a regular basis, and
companies that buy unpaid
debts and then try to collect them.
My husband had received a message from one of our credit cards that advised that one of the three credit reporting
companies had received a charge for someone
who was not us, and we also checked the information about our residences over the many years that we have been married, and the erroneous information on that credit reporting
company includeded an address in a state that we have never lived in, with an amount of $ 500.00 and some, from a
debt collection agency.
In terms of
who, get the name of the
debt collector and the
debt collection company, along with a callback number.
Well, in the case of credit cards, a
collection agency is really a recovery mechanism for
companies who are trying to recover the
debt that you owe to credit card
companies.
Jeff Simendinger,
who co-founded Simm Associates in 1991 with his father in their Delaware home's dining room, said that while he wasn't aware of Cimochowski's case, everything his
company does is in compliance with applicable laws and regulations governing
debt collection.
Additionally, Lorelei has helped forge positive business resolutions of complex matters, including a long - standing dispute and litigation between a Palm Beach County hospital and a group of physicians
who held a ground lease on hospital property and provided services at the hospital; a long - standing lawsuit between two groups of physicians over the breakup of their practice group; a prominent sports figure's multimillion dispute over a license agreement; a sports broadcaster's claims against a video
company for unauthorized use of his name and likeness; and class actions involving consumer
debt collection services.