Remove Collection Agencies Remove Creditors Remove Debt settlement Remove Garnishment
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You’re in Debt: 9 Terms to Know

The Kaplan Group

FDCPA ( Fair Debt Collection Practices Act). The Fair Debt Collection Practices Act (FDCPA) is a federal law that restricts the behavior of collection agencies when they are attempting to collect money from individuals. The law does not apply to collecting from businesses. Garnishment.

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How To Deal with Debt Collectors When You Can’t Pay

Better Credit Blog

Agents can simply imply threats, and that’s often enough to prompt payment, such as threatening to call your employer and set up wage garnishment arrangements. But, under federal law, a legitimate debt collector must first successfully sue you in civil court to be able to garnish your wages.

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Need to Know About Debt Negotiation and Settlement?

Sawin & Shea

Bankruptcy will wipe out credit card debt, medical bills, and personal loans, but will not eliminate primary obligation debt; things like student loans, child and spousal support, and newer tax debt. Bankruptcy can also stop or delay a home or mortgage foreclosure, stop collection actions, stop garnishments and lawsuits.

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How to Remove Capital One Collections From Your Credit Report

Better Credit Blog

In other words, has Capital One sold your unpaid credit card debt to another collection agency, or is the debt still with Capital One? You can find out who owns your Capital One debt by getting a current copy of your credit report and taking a look to see who is listed as the creditor on the entry.

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Tips For Credit Card Debt Relief

Sawin & Shea

Typically, these programs enable you to pay off all of your credit card debt in full, but through a single reduced rate payment. Debt management programs are run by credit counseling agencies that handle negotiations with your creditors to create new terms. Debt Settlement.