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What else can I help you with?
What is the total account debt as of the statement date called?
The total account debt as of the statement date is called the balance.
Can debt collectors collect on a debt after it has be charged off?
Yes, A charge off simply indicates that the debt has been written off the creditor's account as uncollectible. The debt can then be sold to a collection agency for pennies on the dollar. The 'buyer" of the debt will then pursue collection action by whatever means is allowed by the laws of the state where the debtor resides. Such action would be phone calls, letters and in many instances a civil suit for the debt owed.
I didn't sign a contract with the debt collection agency do I have to pay them?
If they bought the debt legally and they can produce the contract you signed with the original creditor, than that's what's called validating your debt. If they are pursuing you you have a couple of options. 1. you can send them a C&D and @. you can request that they validate the debt, that is usually done within 30 days of them initially contacting you.
How do debt collectors validate a debt if disputed?
They need to provide the signed agreement copies to you and the proof that they purchased debt. Please check FDCPA guidelines for more details. Go to ftc.gov and you will find a copy of FDCPA there.
Can debt collectors check how much money you have in your bank account?
Yes, but only with a court order perhaps.
Have you heard about the Harris Debt Collectors scam involving fraudulent practices by Harris and Harris debt collectors?
Yes, I am aware of the Harris Debt Collectors scam, which involves fraudulent practices by Harris and Harris debt collectors.
Can debt collectors take settlement money?
Debt collectors can indeed take settlement money from someone if they owe debt. These collectors may take from what they need to.
Another name for debt collectors?
Debt Advisor
Where can one find a list of debt collectors in the UK?
There are sites online that advertise their debt collection business. Some of these Debt Collectors are UK Debt Collection, Debt Recovery UK, Debt Collect and Debt Recovery Plus.
What are the release dates for Debt Collectors - 2012?
Debt Collectors - 2012 was released on: USA: 1 May 2012
What may debt collectors do?
can a debt collector come to your house to collect a debt
What are the release dates for Debt Collectors - 2012 Debt Relief 1-2?
Debt Collectors - 2012 Debt Relief 1-2 was released on: USA: 1 June 2012
Who are the best debt collectors in the world?
The best debt collectors in the world would be International Collection Agency - The Debt Recovery Solution. They are recovery solutions for business and consumers.
Can debt collectors legally contact your employer?
There are specific laws in place to protect consumers from harassment from debt collectors. It is illegal for debt collectors to contact you at work if your employer does not allow this. Record all contact by debt collectors just in case you have to take them to court in the future. Also, I advise you to check online for laws in your state that protect you against harassment.
What is the best way to pay debt collectors?
The best way to pay debt collectors is to communicate with them directly, negotiate a payment plan that you can afford, and make payments on time to settle the debt.
Can debt collectors trespass?
Debt collectors are not allowed to enter your property without permission, so if they do so, they would be violating trespassing laws. However, they can visit your property to attempt to collect a debt as long as they do not enter your home without permission.
What can debt collectors do to collect debt?
Debt collectors (not the original creditor) is governed by this very nifty federal law: Federal Debt Collections and Practices Act (FDCPA). Sample of FDCPA and Sates see below in the link
