Debt Free Colorado
FEBRUARY 21, 2022
In this article we will answer the question: What can debt collectors do to you? Does Colorado Law Protect Me From Debt Collectors? 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.
Credit Corp
AUGUST 31, 2021
Getting calls from debt collectors can be frustrating and even confusing. That’s even truer when someone is contacting you about an old debt you forgot about, thought was long resolved, or didn’t know about in the first place. Can a debt collector collect after 10 years, for example? In This Piece.
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Collection Industry News
JANUARY 13, 2024
household debt grew by $800 million from 2022 to 2023, including a 16.6% growth in credit card debt. While the new year marks a time for new beginnings and a fresh start, millions of Americans entered 2024 with more debt and less to put in their checking and savings accounts. At the start of the year, U.S.
Sawin & Shea
AUGUST 24, 2020
Bankruptcy may affect your credit score (it sometimes can make your score better!), Whether or not you file for bankruptcy also depends on the kind of debt you have. Debt settlement with the wrong organization or a scam can destroy your credit. Consult with a bankruptcy lawyer about what your debt negotiation options are.
Taurus Collect
JANUARY 24, 2023
In this situation, it is best for borrowers to consult a lawyer before deciding how to proceed, as they may be able to help negotiate a more favourable outcome or find alternatives that don’t involve taking legal action against them. However, dealing with debt collectors can be intimidating if you don’t know how to handle them properly.
Collection Industry News
JULY 19, 2021
Attorneys for the borrowers and credit agencies did not immediately reply to requests for comment on Friday. The six cases involved borrowers who disputed the ownership of their credit card debts in lawsuits against the big three consumer credit reporting agencies. Eve, upheld the rulings on Thursday.
Collection Industry News
SEPTEMBER 23, 2020
. • Debt collection cases have claimed an increasing share of the civil docket, making up about 30% of the civil court caseload in the one state where comprehensive data was available. • The dollar value of claims filed annually by debt buyers increased from $6 billion in 1993 to $98 billion in 2013. Finding flaws in the claim.
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