Remove Collection Companies Remove Fair Debt Collection Remove Garnishment
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FTC Sues Perpetrators of Phantom Collection Scheme

Account Recovery

Don’t look now, but there was an enforcement action involving a debt collection company announced by a federal regulator. First, they allegedly misrepresented themselves as attorneys or members of a law firm.

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FTC Action Leads to Court Order Halting Phantom Debt Collection Scheme That Took Millions from Consumers and Threatened Consumers’ Credit, Homes, and Employment

Collection Industry News

Debt collectors working for the schemes operators and their affiliated companies have sent consumers deceptive warning and collection letters or called them directly, claiming that consumers owed a debt of some kind and threatening legal action, wage garnishment, negative impacts to consumers credit, and even arrest if they dont pay.

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Can Debt Collectors Call on Holidays?

Credit Corp

You probably don’t want a debt collector to call when you’re at home, spending a holiday with friends and family. The good news is there are protections in place to eliminate abusive and unfair debt collection practices. Your credit score and credit report can also take a hit.

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Can Debt Collectors Call on Holidays?

Credit Corp

Can Debt Collectors Call on Holidays? While technically there are no specific prohibitions on debt collectors calling on holidays, it may fall into a category that’s not allowed by the Fair Debt Collection Practices Act (FDCPA). According to the FDCPA, debt collectors can only call between 8 a.m.

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How To Remove Portfolio Recovery From Your Credit Report

Better Credit Blog

If you’re hearing from this Norfolk, Virginia-based collection agency, you owe the agency money, and it has a strong incentive to collect on your debt. When you hear from Portfolio Recovery (or any other debt collector), let the agency know that you know your rights. Make Them Prove the Debt is Yours.

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What Debt Collectors Can and Cannot Do in Indiana

Sawin & Shea

Businesses or individuals who collect debts on behalf of others are known as debt collectors. The majority of debt collectors work for reputable collection companies. Doctors, hospitals, shops, mail-order businesses, and occasionally banks and loan firms all use collection agencies. Unfairness.

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Can a Debt Collector Collect After 10 Years?

Credit Corp

Whether you have medical debt, credit card debt or unpaid student loans , getting calls or letters from debt collection companies can be frustrating. But it’s especially frustrating if your debt is several years old. Ask the creditor to send you written notice of the debt.