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Dealing with Debt Collectors

Debt Free Colorado

We work hard to ensure that our clients have a thorough understanding of their legal alternatives to make informed financial decisions for themselves and their families. In this article we will answer the question: What can debt collectors do to you? Does Colorado Law Protect Me From Debt Collectors?

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Sixth Circuit Examines Who is a Debt Collector for Purposes of FDCPA Section 1692(f)(6)

Consumer Financial Services Law

By Anna Claire Turpin The Sixth Circuit Court of Appeals recently explored the limitations of Section 1692(f)(6) and held that a property preservation and maintenance company was not a debt collector for purposes of that section. 1692f(6) by dispossessing her of her personal property when there was no legal right to possession.

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What Can I Keep if I File For Chapter 7 Bankruptcy?

Sawin & Shea

If you are a victim of debt collector harassment, it’s important to know the debt collection laws, and consider your options for debt relief. Debt Collection Laws: What Can Debt Collectors Do? Filing for bankruptcy can provide you with a much-needed second chance when it comes to your finances.

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What is the Difference Between the FDCPA and the FCCPA?

Jimerson Firm

To better understand the Fair Debt Collection Practices Act, I’ve broken it down into three discernable parts: 1) Elements of a cause of action under the FDCPA. The FDCPA prohibits debt collectors from making false or misleading representations and from engaging in various abusive and unfair practices. Bank of Am. ,

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Does Paying Off Collections Improve Your Credit Score?

Credit Corp

When you default on a payment, the company you owe may sell your debt to a third-party collection agency. When this happens, it means your debt has gone to collections and debt collectors from the collection agency will now try to contact you for payment. This is done with a pay for delete letter.

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Recent Trends and Common Allegations in FCCPA Litigation

Jimerson Firm

Unlike the FDCPA, which only applies to debt collectors, the FCCPA applies to all persons or businesses collecting consumer debts. The tenant/debtor will usually allege that the 3-day notice either sought to collect an illegitimate debt or the 3-day notice threatened the existence of a legal right that did not exist.

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What Is a Judgment?

Credit Corp

Quasi in rem: Quasi in rem judgments consider the legal rights of individuals and not necessarily all parties involved. Ultimately, if you don’t pay a debt , the lender or bill collector can file a lawsuit against you to recoup the money. Some states add even more restrictions to the garnishment of bank funds.