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Debt Collection

Apparently Being Dead and Cold Is Not Enough to Stop Debt Collectors

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WASHINGTON – A senior senator is asking the Federal Trade Commission to investigate reported instances of debt collection firms asking people to pay their dead relatives’ credit card bills or other debts. Sen. Charles Schumer, D-N.Y., a member of the Senate Banking Committee, met Tuesday with the new chairman of the FTC, Jon Leibowitz, and requested that the agency look ... Read More »

    American Corrective Counseling Services (ACCS) and the Bounced Checks

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    In an effort to help state governments deal with bounced and bad checks, some states have outsourced the dealings with the checks to for-profit debt collectors like American Corrective Counseling Services in California. ACCS has relationships with about 150 county District Attorney (DA) offices. In return for the referral of cases to ACCS, the local DA offices get a cut ... Read More »

      Reforms Recommended for Debt Collectors and Debt Collection Industry

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      The Federal Trade Commission issued a report today recommending that the debt collection legal system be reformed and modernized to reflect changes in consumer debt, the debt collection industry, and technology. The report describes the changes the FTC believes will provide better consumer protection without unduly burdening the debt collection industry. The Commission also issued its 31st annual report to ... Read More »

        Man Ultimately Killed by City Utility Company for Taking Payment to Wrong Bank

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        Marvin Schur of Bay City Michigan was found stiff as a board in his bedroom after the city turned off his power. When he was found the internal house temperature was cooler than many refrigerators. “When neighbors went inside Marvin Schur’s house, the windows were frosted over, icicles hung from a faucet, and the 93-year-old World War II veteran lay ... Read More »

          Why The Debt Collector Works Hard to Manipulate You

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          So you’re a debtor and this is your first time in financial trouble. It is scary, frightening and you are completely stressed out. Some people even kill themselves over the debt. The last thing you want to see are late notices or get calls from the debt collector. You’re just not that experienced playing the role of the debtor in ... Read More »

            Stop Debt Collectors – 100 Pages of Good Advice

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            I didn’t tell Gerri Detweiler that I was going to purchase her book and secretly read it. I knew she would have sent me a free copy if I had asked but I didn’t want our friendship to cloud my review of her new book “Stop Debt Collectors: How to Protect Your Rights and Resolve Your Debts”. The book can ... Read More »

              What to Do if Your Creditors And Bill Collectors Make You Really Angry

              There is only so much one person can take.

              I’ve heard more people issue swear words and threats against creditors and debt collectors than you can imagine. Having the pressure increase when you are in debt makes good people say and do silly and regrettable things. Many feel those normal emotions but feeling like you are going to explode or wanting to kill the debt collector or yourself is ... Read More »

                Beware Of Zombie Debt Collectors

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                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, ... Read More »

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                  Writing this article is a bit of a double-edged sword. You see while I think that open communication is always the best way to deal with a debt situation, sometimes people just need to find a way to escape from the pressure just to recover their sanity. If you are having a difficult problem handling collection calls or dealing with ... Read More »

                    Would You Like to Be a Debt Collector?

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                    Recruitment Video For Debt Collectors This recruiting video for a major banks debt collection department is very interesting if you listen closely to the words. I’d suggest that you even consider watching it with your eyes closed. I think you’ll find the video a very interesting approach to try to put a positive spin on what can be a very ... Read More »

                      Debt collection lawsuits increase in Wisconsin

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                      Debt collection lawsuits increase in Wisconsin Chicago Tribune, United States - 4 hours ago Many were for failure to pay credit card debt . But the lawsuits also can include defaults on business, car and college loans. They do not include mortgage ... Read More »

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