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Dealing with Debt Collectors

Debt Free Colorado

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?

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CFPB Reaches Settlement With Debt Collector Over Deceptive Practices

Collection Industry News

The Agency’s misrepresentation to debtors that they had a legal right to recover the debts owed forms the basis of the Bureau’s Consent Order. The post CFPB Reaches Settlement With Debt Collector Over Deceptive Practices appeared first on Collection Industry News.

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Can Stimulus Checks Be Garnished in California?

Direct Recovery

Like many other consumer-focused states, California has put a number of different protections in place that forbid debt collectors from garnishing those valuable stimulus checks. Let’s dive into the details and break down exactly what debt collectors can and cannot do right now. The Judgment Factor.

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What Are the Crucial Steps in the Debt Collection Process?

Taurus Collect

Understanding Your Rights and Responsibilities as a Collector As a debt collector or a business seeking to recover debts, it’s imperative to understand your rights and responsibilities. In many countries, this includes fair treatment of debtors and respecting their rights and privacy.

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What Is a Judgment?

Credit Corp

Quasi in rem: Quasi in rem judgments consider the legal rights of individuals and not necessarily all parties involved. Ultimately, if you don’t pay a debt , the lender or bill collector can file a lawsuit against you to recoup the money. The federal, state, or local government charges the accused party.

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National Debt Relief Review

Better Credit Blog

Business debt. Student debt. IRS debt and back taxes. Auto loans and government loans. Other secured debts. Your creditors or debt collectors won’t necessarily leave you alone. Debt collectors might continue to contact you, and they also have a legal right to sue if you refuse to pay them.

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Freedom Debt Relief Review

Better Credit Blog

The only problem came when after not paying on an account for 6–7 months, I came to find out that Freedom Debt Relief couldn’t settle this particular account. I had to make my own payment arrangements with the debt collector so that we could keep our furnace. It was for a PMSI loan for an outdoor wood burning furnace.