Sentences with phrase «private debt collection companies»

IRS Ends Contract With Private Debt Collectors Since 2006, the IRS has worked with private debt collection companies to pursue tax debt.

With so many people unable to pay off their student loan debt, the federal government has hired private debt collection companies to go after those with delinquent student loan debts.

Not exact matches

With private student loans you may either settle them for a fraction of what's owed, or you may fight the debt collection company by challenging their legal authority to collect on your alleged debts.

You fell behind on your private student loan payments (by more than 90 - days); to the point where your private student loan account was «written off» and sold to a third - party debt collection company (where the bank — and whoever else is involved — can now remove the account from their balance sheet).

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?

BANKS OFTEN FAIL TO INCLUDE APPROPRIATE DOCUMENTATION WHEN SELLING YOUR PRIVATE STUDENT LOAN ACCOUNTS TO A DEBT COLLECTION COMPANY, AND THIS IMAGE WILL ILLUSTRATE THIS:

When you fall behind on private student loan payments, within about 4 - 6 months the bank will write the debt off and sell it to a third - party collection company.

In my collections and civil litigation practice, I have assisted many individuals and businesses, including law firms, medical practices, private schools, and construction companies, in recovering debts and accounts receivables owed to them from vendors, contractors, clients, and tenants.