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Can a loan company sell your bad debt and the new company turn you to a collection company without contacting you?
Wiki User
∙ 14y ago
Yep. It's their debt; why would someone need your permission to call you and bug you about something?
Wiki User
∙ 14y ago
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How do you find the company that is holding the debt from someone that has gone into recievership?
You will need to begin by contacting the company in where the debt originated from. They can tell you if they are still holding the debt collection or if it has been released to another company.
What are some debt elimination ideas?
One debt elimination idea would include contacting a debt settlement company. You may also try contacting the creditor and arranging repayment options with them directly.
Who is Cavalry Portfolio Services?
A debt collection company.
Can collection agencies request additional money on interest charges after the debt is paid in full?
No, a debt collection company purchases a debt from a creditor. They can try to collect on that debt but may not charge interest on it as they have no contract with you outlining interest charges. If a company is attempting to do that, cite the Fair Debt Collection Practices Act, a federal law, and complain to the Federal trade Commission, which oversees debt collection practices.
What companies provide debt collection software?
E-collections is a great leading company in the debt collection software industry. Pamar systems also provides a great debt collection software program.
Can you still talk to the credit card company directly for paying off an unpaid debt or do you have to talk to the debt collection company?
Once the debt. has been charged off and sold to a outside collection source you must talk to them.
Does legal claimant services recover debt for banks?
No. Legal claimant services is not a debt collection agency. They are likely contacting you because of a financial asset you may be entitled to.
What purpose does the International Debt Collection serve?
The International Debt Collection Agency is a debt collection agency designed to collect debts from debtors that have not paid for goods supplied or services rendered. Debt collection agencies are designed for debt recovery, and speak on behalf of the company to which the debt is owed to work out a settlement between the debtor and the creditor.
How do you report a debt collection company that is harassing you for a debt you dont owe?
Contact the State Division of Banking in the state the company is located in.
Can a collection agency report a debt without contacting you first and claim to not have your current address on file?
I have no answer, but want to know how to get the collection agency to remove a false report from my credit rating. They called once and never sent anything in writing, however have posted to my credit report.
Can a credit card company or debt collection agency sue you for an unpaid debt if you no longer live in the country where the debt was incurred?
Yes
What type of business is NCO Financial?
NCO Financial are a debt collection business. If one owes money to a company, they may refer the matter to a debt collection company such as NCO Financial, who will then contact the person in debt to try and obtain the outstanding funds.
