Tag Archives: Debt settlement
Debt Consolidation Debt consolidation involves combining all bills into one monthly payment. Ideally, if you are in a position to do it, you would take out a secured loan on your home or even your auto and pay off that confusing mess of credit card debt with all their different due dates and interest charges.
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
FAQ: Can Debt Collectors Pursue After the Statute of Limitations? Debt collectors can try to collect in most states after the statute of limitations has expired on the debt provided they don’t threaten litigation. Neither does the statute of limitation’s expiration prevent the creditor from reporting the debt to the credit bureaus! Legal Statute of
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
Date of First Delinquency One of the most common questions I am asked is Why should I be concerned about the Date of First Delinquency? The date of first delinquency is critical to measuring the life cycle of the negative entry on the credit report. The date on which you miss your first payment is