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What Is Zombie Debt and Why Is It a Problem?

Credit Corp

An example of zombie debt is a three-year-old loan that should be paid off. 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. First, contact the creditor that originally secured the judgment.

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Debtor Protections and Consumer Rights in New York: An Attorney’s Perspective

FFGN COLLECT NY

Is there a law in NYC that protects consumers and debtors from debt collecting agencies, businesses, and their attorneys? Suppose you are under constant pressure from these agencies and their legal representatives to settle your debt. You must not offer payday loans or a credit card to collect debt payments.

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How to Remove MRS BPO LLC From Your Credit Report

Better Credit Blog

MRS BPO LLC is contacting you because they are now responsible for collecting a debt on behalf of your original creditor. They have either been hired by the original creditor to get you to make payments, or they purchased the debt for pennies on the dollar. What is MRS BPO LLC? Is MRS BPO Legitimate?

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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 Radius Global Solutions LLC From Your Credit Report

Better Credit Blog

If you have failed to pay a bill, you may begin to hear from a collection agency known as Radius Global Solutions. This means that Radius Global Solutions has acquired your debt from the original creditor and has opened a collection account on your credit report. Let them know.

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How to Remove Sunrise Credit Services from Your Credit Report

Better Credit Blog

This can mean that you may be passed over for loan and credit card approvals in the future. The only way to get your credit score back on track is to remove the collection entry as soon as you can. Originally founded in 1975, Sunrise Credit Services is a medium-sized debt collection agency that employs about 600 employees.

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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.