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What Is Zombie Debt and Why Is It a Problem?

Credit Corp

This guide will teach you how to deal with debt collectors and educate you on the laws relating to outstanding debt. Key Takeaways: Zombie debt arises based on collection agencies. It may be possible to settle zombie debt with your original creditor. First, contact the creditor that originally secured the judgment.

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Katabat Supports RMAI’s 2020 Annual Conference with Gold Sponsorship

Katabat

The conference, occurring February 3–6, 2020, brings together key participants in the receivables management industry, including debt buying companies, collection agencies, collection law firms, brokers, originating creditors, and affiliates.

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New Yorkers Should Receive the Same Digital Communications Benefits All Non-New Yorkers Receive: Part One

True Accord

While attempting to provide additional protections for consumers when debt collectors reach out using digital channels, these NYDFS and NYC DCWP restrictions create unintended consequences that raise barriers for NY consumers to correspond with collection agencies in their channel of preference and hinder communication efforts.

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How to Remove AR Resources Inc. from Your Credit Report

Better Credit Blog

If you have a debt that has gone to collections, you may have heard from a company called AR Resources. AR Resources is a debt collector that has been hired on behalf of the original creditor. To do this, they must first open an account on your credit report that shows that they are authorized to collect on the debt.

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How to Remove ConServe from Your Credit Report

Better Credit Blog

ConServe is a debt collection agency that may contact you regarding unpaid debts. They are a third-party debt collector, which means that they may be hired by your original creditor, or they may purchase your old debt on the chance that you pay them instead. What is ConServe? Hire a Professional. Validate the Debt.

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How to Remove Sunrise Credit Services from Your Credit Report

Better Credit Blog

Having a collection account on your credit report is extraordinarily damaging to your credit report. It can also serve as a reminder to future lenders that you have a history of not paying bills. The only way to get your credit score back on track is to remove the collection entry as soon as you can. Request a Goodwill Deletion.