Sentences with phrase «lawsuit by the collection agency»
You may face a lawsuit by the collection agency or the original creditor.
http://www.consumerbadcreditguide.com/ Not exact matches
Creditors and collection agencies may refuse to lower the payment amount, interest rate or fees owed by the consumer and make collection calls or file lawsuits against the consumers represented by the debt relief companies.
Creditors / collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
Personal bankruptcy is governed by federal legislation and going this route means your unsecured debts are eliminated — you won't be getting any more calls from collection agencies, wage garnishments will stop and there will be no threats of lawsuits.
This reason code refers to a serious delinquency accompanied by a third - party collection agency debt or public record items, such bankruptcies, foreclosures, lawsuits, wage attachments, tax liens and judgments.
Credit Infocenter suggests writing a letter to the collection agency (sent by certified mail) in hopes of settling the matter amicably, but if they're unresponsive you may have to threaten a lawsuit.
The senior has filed a lawsuit against the debt collection agency in order to recover her hospital bill and $ 250,000 in punitive damages for the harassment of her by the collection agent.
Should you be sued by a collection agency NEVER IGNORE THE LAWSUIT.
However, if you need to defend any lawsuit brought against you by merchants, financial institutions or collections agencies, this endorsement would reimburse you for that cost.
Seller's duty to defend shall include contribution and reimbursement from Seller for all costs incurred by Broker as a result of such claim or lawsuit together with all costs of litigation including reasonable attorneys fees, reasonable costs of investigation, and all costs of collection including collection agency fees.