Tag Archives: debt collectors and CFPB

Debt Collectors Now Face Federal Oversight

Debt Collectors Now Face Federal Oversight Check with your local State Department of Business Regulations to see if the debt collector is registered as legally required.  Many debt collectors forget to renew their registration.  If their registration has lapsed they have no legal standing to report or verify any debt. January 2, 2013 marked the

Letter Stops Debt Collectors Calls

Stopping Debt Collector‘s Calls Do you need to make harassing calls from debt collectors stop?  Are constant interruptions from a debt collector causing stress in your life? What to say to debt collector’s calls: Do not admit to the debt or express your desire to pay the debt.  Until the debt has been validated with

Suing Debt Collectors: A Primer on Fighting Back

  Suing Debt Collectors: A Primer on Fighting Back Check the Secretary of State’s office to make sure their corporation is current with its annual reports.  Then check the State Department of Business Regulation to see if they are current with their registration as debt collectors.  You would be amazed at how many deletions I

Debt collector’s duties after receipt of your dispute

Debt Collector‘s Duties after Receipt of your Dispute Before getting into the debt collector’s duties after receipt of your dispute I’d like to hope you tried settlement before you filed your dispute.  Did you have proof you didn’t owe the debt?  If so did you call and see if it could be settled quickly?  It

Debt collectors want more power: e-mail, cell, autodialers!

Debt Collector‘s Limits Debt collectors are enjoying unprecedented prosperity as Americans struggle with the weight of average credit card debt of $8,400.00 and underwater homes.  Always make debt collectors prove their authority to collect by producing the original contract.  Check with your Secretary of State and Department of Business Regulations to make sure their corporate