Absolutely under no circumstances can a collection agency come to your home or work for the purpose of debt collection. The Fair Debt and Credit Protection Act has an outline of when and where they can contact you, and coming to your home is not one of them. An egregious violation of the act can allow
Dodeka, otherwise known as Dodeka, LLC, is a debt collection company operating nationwide attempting to collect on bad debt accounts owed by a number of consumers from various lenders, mostly multinational banks, such as Chase and Citigroup. In a limited number of instances, Dodeka has collaborated with
Every Chapter 13 debtor must propose a plan for repaying his debts known as the Chapter 13 plan. The Chapter 13 plan must allocate 100% of the debtor’s monthly net disposable income for payment to creditors unless all general unsecured creditors will be paid 100% of what they are owed. In most Chapter
While any call from a debt collector can be bothersome, calls at work are downright embarrassing and aggravating. Fortunately, you can stop debt collectors from calling you while you work. In most cases, all it takes is a simple request since there is a law in place to protect you from this type of harassment.
When informal efforts to collect an unpaid debt fail, your only option may be to turn to your local court system for recourse. Before you take the debtor to court, however, you should be aware of your options in litigating a debt collection lawsuit...
Individuals who owe money to the World Financial Network National Bank (WFNNB) may find themselves the victim of undue harassment. Many consumers find that their credit report shows an outstanding balance when they have actually paid off the debt. Creditors resort to tactics such as constantly calling
The first step that most businesses take in attempting to collect an unpaid debt is to send a letter to the individual or business who owes the money, or a series of debt collection letters. However, there are certain factors that will make for a more effective...
If you have been repeatedly harassed by LVNV Funding because of a real or imagined debt owed, there are legal ways you can stop the mistreatment and deception. Many good, honest people have been repeatedly blindsided by bill collectors and shady attorneys who are attempting to collect money. Today’s
Being sued by creditor is not something that should be ignored. There are ways to stop the case from going in front of a judge and keeping an even bigger black mark off of a debtor's credit record. It is not necessarily the end of the world if a creditor sues. Using a Home as a Source of Funds This relies
If you are an individual or small business owner and you don’t have staff to call your customers regarding collecting unpaid debt, you may want to look into hiring a collection agency to collect the debt. You have a better chance of receiving the money by using a collection agency because your debtor
Creditors have a right to be paid. But debt collectors have to follow the rules in seeking payment. There are a number of illegal debt collection practices, and debtors have a right to object—or file a complaint—if collections agencies try to use them.
There is nothing worse than the sinking feeling one gets when served court papers. Receiving a summons over a credit debt has the potential to create havoc with your life and income. When you're sued by a creditor, you have little in the way of affirmative defense. It's a matter of mitigating the damage