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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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Can a Collection Agency Change an Account’s Open Date?

Taurus Collect

Dealing with a collection agency can often feel like navigating a maze, especially when there seems to be a change in your account’s open date. If you’ve found yourself in this situation, you’re likely asking, “Can a collection agency change an account’s open date?”

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CFPB Reaches Settlement With Debt Collector Over Deceptive Practices

Collection Industry News

Last week, the CFPB issued a Consent Order against a New Jersey based debt-collection agency (Agency) over allegations that the Agency regularly violated the FDCPA and the CFPA in the course of their collection activity.

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What Are the Crucial Steps in the Debt Collection Process?

Taurus Collect

This knowledge can help businesses choose the most appropriate course of action, which may include hiring a debt collection agency. Consumer Debt Collection: This involves the collection of personal debts owed by individuals, usually to banks or credit card companies.

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Need to Know About Debt Negotiation and Settlement?

Sawin & Shea

Chapter 13 Bankruptcy: Chapter 13 bankruptcy is a reorganization of debts for debtors with regular income. There are limitations as to the amount of debt you can have, and it is limited to individuals and sole proprietors. You get to keep your property but pay back a portion of your debts. How Does Debt Negotiation Work?

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Debt Collection Strategies to Collect Debt from Stubborn Clients

Stevens Lloyd

Your mental state affects the way you handle the debtors and the way they respond to you. For instance, if you are calling debt defaulters for the first time to remind them for debt recovery, put a smile on your face and talks to him politely. So, it is required for you to know your legal rights.