Tag Archives: zombie-debt
- There are Good Debt Collectors and Then There Are Debt Collectors That Lie, Cheat, Steal, and Threaten
A reader brought the following article to my attention, America’s Abusive Debt Collectors on the DailyBeast.com. It is an interesting look into some of the bad collection outfits by Gary Rivlin. Gary includes first-person accounts of some of the actions they were asked or required to do to keep their jobs as collectors. These bad [...]
- 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 [...]
- A Paper Worth Reading: Robo-Signing and Lack of Proof in Debt Buyer Cases
Here is a great research paper worth reading. It certainly helps to focus the robo-signing issues we’ve all heard about with mortgages to a problem that debt relief providers will need to deal with. For a while we’ve talked about the issue of a debt relief provider that either sets up a payment plan or [...]
- Am I Still Responsible for My Old Debt? – Rachel
“Dear Steve, When I was 18, I had 2 Visa credit cards. I maxed them out within the first year, not realizing the consequences. Now, 11 years later, a collector that has purchased the debt has sent me a letter saying that I have 45 days to pay or make payment arrangements. The last payment [...]
- I Just Got a Call From a Debt Collector On a Eight Year Old Debt. – Destiny
“Dear Steve, I got a phone call from a collection agency the other day. They told me I owed over $300 on a phone bill from over 8 years ago in Kansas. My husband and I used cash to pay all of our bill back then and I know we paid our phone bill. I [...]
- They Say I Owe Magnolia Hospital a Debt From Twelve Years Ago. – Shelley
Shelley wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
- I Have a Zombie Debt. I Paid a Debt Off That They Want to Collect On Again. – Dawne
Dawne wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
- An Old Zombie Debt Has Resurfaced. What Should I Do? – Greg
“Dear Steve, I have a zombie debt from 1997 that a company is calling about now. It was from a large retailer and while I’m pretty sure it was paid (Only a couple hundred dollars) I won’t swear to it, it’s just too far back to be sure of. Texas law says soL has ran [...]
- I’m Being Asked to Pay On a Debt I Paid But Can’t Find the Proof. – Stacey
“Dear Steve, I was hospitalized in 2004 and paid out-of-pocket the balance that my insurance did not cover. I payed off and settled all debts at the beginning of 2005 with the hospital. They told me that I was clear and owed nothing else. This was almost 5 yrs ago and have not heard or [...]
- Beware Of Zombie Debt Collectors
Beware Of Zombie Debt Collectors Forbes, NY - 15 minutes ago Read “Debt Consolidation Made Easy” to learn five steps to help you get out of debt faster.) The statute of limitations on debts varies by state, …