How do you keep creditors and lawyers and collection agencies from continually viewing information on your credit report without your permission?

It depends on whom they are giving the information. Agencies such as the IRS are entitled to such information. Creditors generally are given permission by the consumer to access of such info., as a means of verification for credit approval.

Creditors obtain all the information they need to report defaulted accounts to credit bureaus when the account holder fills out the original application/agreement.

There is no definite answer as creditors establish their individual collection procedures, it might also depend upon whether it is the original creditor or a collection agency.

Collection agencies buy defaulted accounts from original creditors. The original creditor supplies all the information to the collectors that was obtained upon the opening of the account. (Name, SSN, place of employment, etc.).

The creditors' payment period is an activity ratio. It measures the average amount of days the business takes to pay its creditors i.e. suppliers. The more days available to pay the better.

The duties of a collection lawyer is to collect debts, fees and payments from clients of their company. Collection lawyers represent banks, the government and other creditors.

Original creditors sale their accounts to collection agencies when the account has been past due and they have not effectively collected. At that time, the original creditor will charge off the balance from their accounts receivable and turn the account over to a collection agency. When the collection agency collects the debt, a portion of the amount received is paid the the collection agency and the remainder is returned to the original creditor as profit.

The easiest way to do it is to get a copy of your cedit report. all creditors (and collection agencies) that you carry an account with will have their contact information listed there. Otherwise, if you know the name of the companies you can search the web for contact information. The credit report is fastest. Good luck.

Twenty cents

One option is to send the creditors/collection agencies a cease-and-desist letter. It should be sent by certified mail. After it is received, the collector must stop contacting the requesting party. This action does not pertain to the original creditor--only collection agencies. OCs do not have to follow the FDCPA. The party involved also has the option of having an attorney remit letters to creditors explaining the debtor's situation. Once a creditor or collector has been…

Creditors do have access to your information that shows up on various credit reports.However, unless you sign an authorization, they can not access your individual bank information.

You can get free copies of your credit reports once a year and check them to see what accounts have been placed with collection agencies. You can contact those creditors for the agency information. The debtor need not be concerned about such matters as it is a certainty that the collector/creditor will be in contact with them in one manner or another.

You have two options: You can find out if your state allows you to record a conversation with the other person giving you verbal permission. If you can tell your grandparents to record this information, make sure you catch them telling your grandparents your personal informaiton. Then you either contact a "Consumer Law Attorney", or you file a small claims court order towards the collection agency. They have violated your rights! Take them to court…

No, your creditors, even your potential creditors are prevented by Consumer Trade laws from discussing your information with anyone not specifically authorized by you.

No, this is not true. Creditors and collection agencies have a legal right to report any amount owed regardless of payments being made. It is beneficial, however, to negotiate with a creditor or collection agency in this respect. If you agree to pay a certain amount of money each month, they may hold off on credit reporting. Talking with collection agencies and creditors is always advised. It can eliminate stress and sometimes debt!

Your credit report is put together by the credit bureaus who collect information about you and the way you repay debt from several sources including creditors, collection agencies, and third party providers like Lexis Nexis.

Collection agencies only care about one thing...collecting money. More info is needed to answer this question but if this is a medical collection, you need to find out why your insurance company did not pay it. You are allowed to write to the Credit Bureau(s) and attach a comment that other creditors will see. Simply and briefly write your comment to explain the circumstances. Even if the collection agency won't listen, other creditors will see…

You will list on the petition the actual names of the creditors not the collection agencies. After you file your petition you will give your docket number to any of the creditors or the collection agencies who are trying to collect monies for the creditors listed on the petition when they call you or send their demand letters. Please be very careful to include ALL the creditors you wish to declare bankruptcy on. Once you…

No, and please NEVER EVER! give a collection agency ANY personal financial information. Not your place of employment, other creditors, and most importantly NEVER NEVER bank account, credit union, etc. information. DO NOT ALLOW them to make an automatic withdrawal, no matter what sort of intimidation tactics they try.

An easy way to find out what collection agencies you owe money to is by pulling your credit report. Credit reports will list balances with all creditors as well as if any balances were turned over to collection agencies.

Yes. There are many companys that do this. They work with the creditors and help you make the payments that you can afford.

You no longer have the protection of the Court or the BK laws, and creditors may oursue collection every legal way.

Legally they are not allowed alter the dates but there is very little regulation on this. It is very important that you keep the creditors in line and make sure that they are reporting the information properly.

Valid negative entries on credit reports cannot be removed until the time limit for expungement is reached. Creditors/collection agencies CANNOT remove the entry. Companies that claim they can clear a credit report of valid negative information that has not exceeded the prescribed time limit (usually 7 years) are, quite frankly, lying.

Debt collection companies are usually companies that specializes in pursuing the collection of debts owed by individuals or businesses. They operate as agents of creditors and collect debts for a fee or a percentage of the total amount that is owed by such individuals/companies.

No. All SS benefits are exempt from judgment creditors.

Paying the collection agency will clear up your account much quicker and some creditors will return the payment to you if you send it directly to them. Most creditors sign a contract with a collection agency and cannot discuss the debt with the debtor once they place it with the agency, they must refer all correspondence, communications and payments to the agency for the life of that contract.

1 - Financial institutions 2 - Creditors 3 - Banks 4 - Public 5 - Creditors 6 - Investors

The only way a creditor would know your checking account info is if you have a credit card from your bank. Banking information is NOT included in the credit report that creditors pull to consider your CC application...

Yes. When creditors charge off accounts they send them (or sell) to a collection agency. The collector can request the debtor's credit report show that the account has been turned over for collection procedures.

If a creditor has your banking information it is because you gave it to them at one point in time. You could have provided the information when you made a payment.

If the agency has filed on the estate, and there is enough money to pay the other filing creditors, then yes.

Your wife's bankruptcy should not affect you unless you have joint debt. In that case, the creditors can pursue collection efforts against you.

Is is very important for a person to pay bills owed to creditors in a timely manner, because if they don't, they will end up getting millions of phone calls from the collection agency, and will get sued.

Creditors want to evaluate before granting credit to company that will company be able to return back credit when maturity time arrives.

shareholders,creditors,suppliers,managers,investors,public and customers need accounting information for?

It is considered a "write off"; which benefits the original creditor due to financial loss. Some creditors will keep your original information, and others simply give up those rights to third party collection agency. Once a payment is made, they notify the original creditor that your account was paid off in full in order to update this informaiton with the bureaus that they are reporting with.

go to www.beatlandscreditrepair.com they have a lot of information about bankruptcies.

Collection agency buy or get assigned accounts from different kinds of creditors who you may owe without realizing it. Examples of these kinds of debts include bad checks, debts owed from medical services, defaulted leases and others. None of these debts are typical of the kind you undertake willingly (like a credit card account). But they still can be legitimately owed by you. You would need to track down the source of the collection account…

Yes, if they are acting as a direct agent of the original creditor.

It's certainly worth a try. Many collection agencies are open for negotiation, but usually on their terms. Original creditors will not negotiate!

Creditors can resume collection procedures against the debtor(s) including lawsuits to recover monies owed.

The debts are still valid and creditors can continue with collection procedures including, in most cases, a lawsuit.

Generally speaking, filing for bankruptcy protection temporarily halts ALL collection actions for all creditors, including foreclosures.

Collection agencies are companies that work on behalf of creditors to collect debts or obligations from their holders. Receiving a call from one could indicate unrepaid credit.

YES, but there may be statutes of limitation in your state of residence when you incurred the debt, regarding a particular type/category of debt -- you would have to check further along that line. If the debt is not of a category having statutes of limitations, then the creditors can continue collection effort or resell the debt to a collection agency (that can then continue the collection effort) pretty much until they decide to quit…

A collection agency debt settlement means when someone is in debt and a company offers a settlement amount to the creditors owed. Payment arrangements are discussed and made, sometimes the amount is way less than the actual bill.

Yes. The automatic stay in BK only means they can't actively pursue collection with you, that it must do through the court.

Yes, temporarily. Filing for bankruptcy protects your from collection actions taken by your creditors, including foreclosure during the proceedings.

it is like a warehouse of information provided to them from creditors on your accounts and pymt history/inquiries etc