Bankruptcy Debt collector Judgment Original Creditor 
Debt Free Colorado
FEBRUARY 21, 2022
Debt Relief Attorney Serving Colorado. Bankruptcy may appear to be a scary process, but it does not have to be. Dray Legal Office’s attorneys will endeavor to help you obtain a fresh start by eliminating debt and reorganizing your finances. In this article we will answer the question: What can debt collectors do to you?
Credit Corp
FEBRUARY 23, 2024
Dealing with zombie debt can be extremely complicated as debt collectors may repeatedly contact you about an account that belonged to you years ago. Much like the characters in a post-apocalyptic story, it’s possible to overcome zombie debt with the right know-how. How Does Zombie Debt Work?
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Credit Corp
JUNE 14, 2020
Zombie Debts and Judgments. If the original creditor went to court and obtained a judgment against you for a debt, the zombie debt cycle can be more complicated. First, judgments provide the creditor with the legal means to collect via actions such as wage garnishments or bank account liens.
Collection Industry News
JANUARY 29, 2021
Under the final rule, debt collectors must provide the consumer with certain information relating to the debt and the consumer’s rights (Validation Notice). consumer response information, such as prepared statements and prompts that the consumer may use to take certain actions, including disputing the debt.
Better Credit Blog
APRIL 1, 2022
Write a letter to the original creditor or collection agency and ask them to remove the negative entry from your credit history as an act of goodwill. Developing these good habits will help a lot, but let’s be clear: a major negative entry like bankruptcy, foreclosure, or repossession on your credit file will cause bad credit.
Credit Corp
JUNE 14, 2023
Your creditor may sell your charged-off debt to a collection agency for pennies on the dollar. The collection agency may then attempt to collect the debt anew. Pro tip: Even if a debt has been charged off, consider contacting the original creditor to negotiate a settlement.
Consumer Financial Services Law
JANUARY 22, 2021
Communications in Connection with Debt Collection) to allow debt collectors to communicate with the deceased consumer’s spouse, parent (if the consumer is a minor), legal guardian, executor or administrator, and confirmed successor in interest (as defined Regulation X). Section 1006.2(c) This definition dovetails with 1006.6
Expert insights. Personalized for you.
98 
Let's personalize your content