FFGN COLLECT NY

JANUARY 31, 2024

That would include pursuing a Debt collection company that acts deceptively and fraudulently. Some Debt collection companies act wrongly and engage in Fraudulent and deceptive behaviors. Lied about legal action: The companies falsely threatened consumers with legal action, including wage garnishment and seizing property.

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Credit Corp

DECEMBER 14, 2020

Whether you have medical debt, credit card debt or unpaid student loans , getting calls or letters from debt collection companies can be frustrating. This is because they know that most borrowers who are sued for old debts won’t show up in court, and the judge will issue a default judgment.

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Better Credit Blog

APRIL 3, 2022

Having a debt collection company on your credit report could pull down your credit score by as much as 100 points — if you had excellent credit to begin with. For example, Portfolio Recovery Collection cannot: Threaten you with criminal action: Debt in the United States doesn’t go through the criminal court system.

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Collection Industry News

JUNE 14, 2021

There are 156 debt collection companies – some of them legitimate, some not – in those two counties, employing more than 3,400 people, according to the state Labor Department. In recent years, authorities have either fined, seized or issued judgments totaling $120.4 million against debt collectors in Western New York.

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