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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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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. There are many ways to request debt verification, such as writing a request letter.

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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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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. You can do this is one of many ways. What is MRS BPO LLC?

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How To Remove Avante USA from Your Credit Report

Better Credit Blog

Thanks to the Fair Debt Collection Practices Act , debt collectors have to prove that you actually owe them the amount they’re claiming you do. Since they aren’t the original creditors or service providers, they don’t always have this information on hand. Inc, is a debt collection agency. What Is Avante USA?

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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 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.