Debt Free Colorado
FEBRUARY 21, 2022
We work hard to ensure that our clients have a thorough understanding of their legal alternatives to make informed financial decisions for themselves and their families. In this article we will answer the question: What can debt collectors do to you? Does Colorado Law Protect Me From Debt Collectors?
Nerd Wallet
NOVEMBER 16, 2020
Working with third-party debt collectors can be confusing and scary. adults with debt in collections, knowing their legal rights is crucial. The Fair Debt Collection Practices Act covers third-party debt collectors — those who buy a delinquent debt from an original creditor, like a credit card company.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Credit Corp
JUNE 1, 2023
Your credit score may improve if your collection debt is reported to a new credit scoring model—FICO 9®, FICO 10®, VantageScore 3.0® Most creditors still report to old scoring models, so it’s unlikely paying off the debt will improve your credit score. How Does Collections Debt Affect Your Credit Score?
Sawin & Shea
SEPTEMBER 27, 2023
If you are a victim of debt collector harassment, it’s important to know the debt collection laws, and consider your options for debt relief. Chapter 7 is also known as liquidation bankruptcy because in exchange for receiving a discharge of most kinds of debts, the debtor has to give up non-exempt assets.
Sawin & Shea
AUGUST 24, 2020
Chapter 7 Bankruptcy: A petition is filed in the Bankruptcy Court seeking a discharge of most types of debts. In exchange of this discharge non-exempt assets are liquidated by a Chapter 7 trustee in order to pay creditors back something. How Does Debt Negotiation Work? What do you need to keep in mind though?
Jimerson Firm
DECEMBER 14, 2021
To better understand the Fair Debt Collection Practices Act, I’ve broken it down into three discernable parts: 1) Elements of a cause of action under the FDCPA. The FDCPA prohibits debt collectors from making false or misleading representations and from engaging in various abusive and unfair practices. 3d 1175, 1205 (M.D.
Collection Industry News
JULY 27, 2021
Seven unrelated consumers incurred credit card debts that were allegedly sold and assigned to other creditor debt collectors. The other four consumers were not sued but sent letters to their respective debt collectors similarly challenging their purported ownership of the debts. 1681i(a)(1)(A)).
Expert insights. Personalized for you.
98 
Let's personalize your content