Fair Debt Collection Garnishment Lender Original Creditor 
Debt Free Colorado
FEBRUARY 21, 2022
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. What is the Federal Fair Debt Collection Practices Act (FDCPA)?
Better Credit Blog
APRIL 1, 2022
They also might be charging you the full amount in order to make a profit, since credit collection agencies typically buy collection accounts at a discount from the original lender. Numerous complaints state the company left over 25 voicemails on one customer’s phone alone in an attempt to collect a debt.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Better Credit Blog
APRIL 3, 2022
Portfolio Recovery Associates, LLC, is a collection agency that buys old debts from lenders and companies that have been unable to collect the debt themselves. Portfolio Recovery buys multiple accounts with old debt from companies that have given up and “charged off” the accounts.
Credit Corp
JUNE 14, 2020
The most common cases of zombie debt involve collection activities. Here’s one example of how a zombie might rise with help from a collection agency. You default on a debt. The original lender or collection agency fails to collect within the statute of limitations.
Credit Corp
AUGUST 31, 2021
Some debt buyers —companies that buy and try to collect very old debts—still go after borrowers and might even take them to court. If they do this knowing that the debt is past the statute of limitations, they may have violated the Fair Debt Collections Practices Act. What Is a Time-Barred Debt?
Expert insights. Personalized for you.
98 
Let's personalize your content