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What else can I help you with?
Is it illegal for a collection agency to buy your debt and come after you?
No, it is not illegal for a collection agency to buy your debt and attempt to collect it from you.
What if collection agency is Calling children regarding a debt?
Illegal! Only adults can accrue debt. Children must have guarantors, or someone that signed off on the debt.
Is it illegal for a creditor to sell your debt?
No, it is not illegal for a creditor to sell your debt.
What is a good debt collection service in Toronto?
There are several acclaimed debt collection service companies in Toronto, Canada. These companies include but are not limited to the Global Collection Consultants Debt Collection Services and the Ontario - Toronto Canada Debt Collection Agency Services.
Can a debt be passed from one debt collection agency to another?
Yes - absolutely a debt can be passed from one debt collection agency to another.
Is it legal for a debt collection agency to discuss your debt with your landlord?
In general, debt collection agencies are required to follow the Fair Debt Collection Practices Act, which prohibits them from discussing your debt with third parties, such as your landlord, without your permission. If a debt collection agency is sharing information about your debt with your landlord without your authorization, they may be violating the law.
What is the statute of limitations for debt collection in Michigan?
There is no statute of limitations for debt collection in Michigan. You can continue to collect as long as the debt is owed. The debt can be sold as well.
Where can one find information on business debt collection?
One can find information on business debt collection in online articles and guides on business debt collection. In addition, one can find more information on business debt collection through one's peers.
Can you provide me with a debt collection verification letter?
A debt collection verification letter is a document that requests proof of a debt from a collection agency. It should include your name, address, and the debt amount you are questioning. You can find templates online or request one from the collection agency.
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.
Is it illegal to dispute a collection in hopes of having it removed even though you know it is correct?
IT's not illegal but it is pointless. It takes substantial proof to have negative information removed. Denying the debt is not enough to have it taken off the CR. It is not illegal to dispute any debt. The (federal) Fair Credit Reporting Act states that bureaus have 30 days to verify any disputed debt. If any debt is not "verified" within that time frame, this debt is shielded from view, regardless of its' accuracy authenticity.
How can I report a debt collection agency for inappropriate or illegal practices?
To report a debt collection agency for inappropriate or illegal practices, you can file a complaint with the Consumer Financial Protection Bureau (CFPB) or your state's attorney general's office. Provide details of the agency's actions and any evidence you have to support your claim. You can also seek legal advice from a consumer protection attorney for further guidance.
