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6 Resources Debt Collection Agencies Can Use To Find You

Taurus Collect

If clients fail to stick to their payment plans as agreed, debt collection agencies are often needed in order to help recoup any losses incurred. Understanding this core information is key for any successful collections process. This can include court judgments, liens, bankruptcies, and foreclosures.

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How Do Collection Agencies Find You?

Taurus Collect

If clients fail to stick to their payment plans as agreed, debt collection agencies are often needed in order to help recoup any losses incurred. Understanding this core information is key for any successful collections process. This can include court judgments, liens, bankruptcies, and foreclosures.

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How Long Does Bad Credit Last?

Credit Corp

Your creditor may sell your charged-off debt to a collection agency for pennies on the dollar. The collection agency may then attempt to collect the debt anew. Foreclosures and Short Sales: Seven Years A foreclosure can remain on your credit reports for seven years from the date the foreclosure was filed.

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How To Remove H&R Accounts from Your Credit Report

Better Credit Blog

Read on to learn more about H&R Accounts and how you need to respond to their collection attempts. H&R Accounts is a small debt collections agency headquartered in East Moline, Illinois. A division of Avadyne Health, H&R Collections, Inc. mostly collects on debt in the healthcare industry. Harassment.

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How To Remove Negative Items From Your Credit Report

Better Credit Blog

Whatever you’re dealing with, late payments, collections, charge-offs, or foreclosures, the following techniques can clean up your credit quickly. Write a letter to the original creditor or collection agency and ask them to remove the negative entry from your credit history as an act of goodwill.

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Short Sales and Bankruptcy

Sawin & Shea

For the lender, it’s all about the bottom line, and if they think they can get more money from a foreclosure, they won’t agree to a short sale. Both short sales and bankruptcies involving foreclosures will show up as negative hits on your credit report. A foreclosure (without bankruptcy) will stay on your credit report for 7.

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Troutman Pepper Weekly Consumer Financial Services Newsletter

Troutman Sanders

State Activities: On February 8, New York Attorney General (AG) Letitia James announced a judgment against three merchant cash advance companies and their principals, resolving allegations that the companies violated several state laws by charging consumers exorbitantly high interest rates on short-term loans and failing to disclose certain fees.