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What else can I help you with?
How long does a collection agency have to validate debt?
30 days from the time the debtor requested written confirmation.
Do debt collectors have to send you a written statement validating the debt?
Upon your written request for validation, yes. This is covered under the Fair Debt Collection Practices Act (FDCPA).
1099-C disputed credit card charges?
Form 1099-C is issued when an amount of debt of at least $600 is forgiven. This means that the debt collector understands that you owe the debt but is willing to accept a negotiated amount as part of a settlement. If the amount was disputed and removed through no fault of your own, then a 1099-C should not have been issued. You must generally clear this up with the debt collector and provide proof to the Internal Revenue Service if necessary.
Can debt collectors check how much money you have in your bank account?
Yes, but only with a court order perhaps.
If a debt is reflected on your credit report by a collection agency can the original creditor recall their collection allowing you to dispute the debt with the credit bureaus and have it removed?
YES, THIS COLLECTION ACCOUNT CAN BE DISPUTED; WHICH MEANS THAT AFTER THIS IS DISPUTED YOU CAN ALSO REQUEST FOR THIS ACCOUNT TO BE REMOVED FOR GOOD WITHOUT HAVING TO WAIT FOR THE SEVEN YEAR PERIOD. THIS WILL ALLOW YOU TO HAVE A CLEAN CREDIT HISTORY WHICH IN TURN INCREASE YOUR CREDIT RATING.
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.
What if the collector ingnores a request to validate the debt?
Without valid debt there can not be liability. In amity.
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.
