Credit Corp

JUNE 14, 2020

Suddenly, the debt reappears on your credit report, except now it’s a zombie debt. If the original creditor went to court and obtained a judgment against you for a debt, the zombie debt cycle can be more complicated. That can include wage garnishment or levies. Zombie Debts and Judgments.

Debt collector 98

Debt collector Judgment Collection Agencies Collections Agency 98

Sawin & Shea

JUNE 9, 2021

Approximately one third of consumers with a credit bureau file were contacted by at least one creditor or debt collector each year, according to a CFPB (Consumer Financial Protection Bureau) survey. The FDCPA applies only to debt collectors (the third-party collection agencies), not to the original lender.

Debt collector 94

Debt collector Collection Agencies Collections Agency Credit Bureau 94

Collection Industry News

SEPTEMBER 8, 2020

Note, however, that the FDCPA applies only to third party collectors who collect debt for original creditors. It does not apply to the original creditor itself who uses its own employees to collect debt. c) Falsely representing that they work for a credit bureau. Let’s use our beloved Pres.

Fair Debt Collection 40

Fair Debt Collection Collections Debt collector Credit Bureau 40