Category Archives: Debt Collector
- The Creditor Could Not Validate My Debt and Dropped The Suit. Will They Sue Again? – Beth
“Dear Steve, I was married for 17 years and we always had awful credit scores/debts. I basically “robbed Peter to pay Paul.” I got divorced in 2002, left with just what I could haul. Continuing my survival strategy, I used my credit cards (none with more than $2000 limit) to purchase necessities. I fell into [...]
- Zwicker & Associates Wants Me to Pay More Than I Can Afford
“Dear Steve, I got in over my head in debt. Of course, that is why I am writing you. So, about two years ago I was on a debt management plan, with Incharge debt solutions. I had to drop out after paying off one credit card and paying down a bunch more. Than about six [...]
- Can a Creditor Sell My Debt They Can’t Validate?
“Dear Steve, Last month I received a letter from a 3rd party collector saying I owed $786.00 on a cell phone account. So I practiced my rights and sent them a letter requesting full validation of the debt. It has been almost 40 days and I never received any letter or documents back showing they [...]
- Can I Send a Token Amount to the Debt Collector And Stop Them?
“Dear Steve, I was recently laid off. At the time I was halfway finished with paying off a $6,000 collection loan. I am allowing them to wthdraw $250 bi-monthly from my checking acct. at this point w/ my unemployment I no longer have that amount available. Should I close my acct? Is there a legal [...]
- If I Settle My Debt With a Collection Agency Can They Sell That Debt? – Tom
“Dear Steve, Medical problems starting in 2006 which made me unable to work. I am finaly getting compensation, not big money. I want to offer 50% settlement to collection agencies. I’v heard that collection agencies agree to settle then sell the balance to another collection agency. Is there a letter or form that would legaly [...]
- My Daughter is Not Working and Bank of America is Suing Her. – Abraham
“Dear Steve, This is about my daughter she is a student she is not working she owes $4500.00 to Bank of america so i got court date from glaser &glaser so i have to take care of my self they ask for $ 4899.26 Thanks Abraham” The Answer: Dear Abraham, I’m not clear. Are you [...]
- I’m Working With a Debt Consolidation Company But Have Two Attorneys Trying to Collect The Same Debt. – Luisa
“Dear Steve, I am working with a debt consolidation company who have made settlement arrangements for all my cards. Unfortunately, I had a court case filed against me by Collections Attorney A (don’t want to mention Attorney’s name) for my last card. I was able to make a settlement agreement (with signed documents as proof) [...]
- Can a Purchaser of My Debt Charge Me Anything They Want? – Louise
“Dear Steve, I turned over one of my credit card debts to a debt negotiation company. I currently checked my credit report and this credit card shows status of closed. Write off of $xxxx. A credit collection company now shows up on my report as a debt purchase account – and has $xxxx – $100 [...]
- What Repayment Plan Should I Ask for From NCO Financial for My American Express Debt? – Steven
“Dear Steve, I currently have 30k in debt from American Express, and it is in collection from NCO Financial for about 6 months. I make around 1100 after taxes, want to make a weekly plan. Wasnt sure what i should do when i call them and ask about terms. Should i make a long term [...]
- Am I Legally Obliged to Pay Security Credit Services that Bought My Debt? – Julie
I have debt with Wells Fargo, I’ve received a court summons from an Attorney’ Office which is representing a company called “Security Credit Services, LLC” which must have bought my debt from Wells Fargo. I do admit that I had a loan from Wells Fargo some time ago and ran into some hard financial times [...]
- Can Debt Collectors Call Me on My Company Owned Cell Phone? – Paul
About 4 months ago I had to goto ER, so now I’m finally getting around to setting up payment plan for the portion ins didn’t cover. I call the hospital billing dept and the girl there says I can do payment plan: minimum is $105 pe rmonth until balance of $3000 is paid. I said [...]
- How to stop a junk debt buying collection company from re-aging an old debt?
Do collections agencies have access to Credit Bureaus? It seems like every year we pull our free credit reports, within days we start to get calls from strange collection agencies trying to collect on debts we had 10+ years ago. Every once in awhile I get a call on an old VISA card I had [...]
- Harrassment from Advance Me Today via Fax to My Work
I took out a payday loan from Advance Me Today. Granted, I got in over my head and could not repay on time. I want to set up payments but the customer “service” rep I spoke with became very belligerent. I got frustrated and said, “I don’t think I’ll pay you AT ALL!” and hung [...]
- How Can I Find Out Who is Handling Pay Day Loans I Took Out? – Brit
How am I able to see what check into cash / pay day loans I have taken out? In 2008 I was in college and working an internship. At that time, I took out a few loans and now have a detective calling me. Is there a way to see where these loans are and [...]
- Satisfaction/Release of Judgment – leave it to court computer or send letters to the CRA’s?
I recently obtained satisfaction/releases for two separate judgments. Both judgments (and release orders) were entered in the same county court. Should I send copies of each satisfaction/release to Experian, Equifax, and Trans Union or should I wait and see if the judgments are removed by virtue of the credit reporting agencies picking the releases up [...]