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Dealing with Debt Collectors

Debt Free Colorado

When collecting a debt from you, collection agencies must adhere to federal and state rules. Fortunately, the federal Fair Debt Collection Practices Act (FDCPA) protects all states. To learn more about pursuing your legal rights, contact your state’s local consumer agency. or after 9 p.m.

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4 Ways To Remove Collections From Your Credit Report

Better Credit Blog

Request a Goodwill Deletion – If You Have Paid The Debt. The first step, if you have paid the full collection account, settlement, or have been making regular on-time payments, is to mail the collection agency a “ goodwill letter ” that explains your situation. Ask the Collection Agency to Validate the Debt.

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How to Remove First Financial Asset Management from Your Credit Report

Better Credit Blog

First Financial Asset Management is a medium-sized debt collection agency that is based out of Peachtree Corners, Georgia. They were originally founded in 2010, which makes them one of the newer debt collection agencies out there. Send a Debt Validation Letter. Know Your Rights. or after 9 p.m.

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Can a Debt Collector Collect After 10 Years?

Credit Corp

However, it’s important to note that every case is unique and the statute of limitations on various forms of debt is different in each state. Understanding what the rules in your state are and how they might apply to your specific debt situation is important. Contact a lawyer for your unique situation if you have questions.

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The Limits On Direct And Vicarious Liability Under The FDCPA

FDCPA Defense

Debt buyers are being sued based on the conduct of their agencies and law firms. Lawyers and agency owners are being sued based on the conduct of their clients and their collectors. Even original creditors, who are not subject to the FDCPA, are being drawn into FDCPA litigation under various theories of recovery.