 Fiancial Advice for someone who is in big trouble. What should my friend do? |
| My friend's parents are in debt 2 Million dollars because of some bad investments. They are trying to pay the mortgage on their home. The mortgage is 10k per month. The husband just lost his ... |
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 Is it legal for credit card companies to increase interest to 34.9%? |
| queried why payments were increased and was told interest rate was increased by 10%.... |
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 I have POOR credit and need help? |
| I have POOR credit, and a small debt. Because of my credit I can't get a loan, and because the debt is small I can't do consolidation. Is there any other offers I could take advantage of?... |
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 Can someone check my credit without my social security number? |
| I am applying to rent an apartment and the advertisement said that there was a credit check. The application doesn't ask for my social security number. There is no application or credit check ... |
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| Debt recovery? |
| My son has left home owing monies to a major credit card company..his address for this debt is my own and my wifes. we do not have any contact with our son as he just got up and left with no contact ... |
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 Do I have too many cards open that may be hurting more credit score? |
| I have 2 credit cards that are activeted and1 that is not activated. The first card was activated 07/07. The 2nd 09/07 and the 3trd one is open (againts my wises) but not activated 10/07. I also have ... |
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 My remaining balance on my credit card? |
| remaining credit balance on my Banco De Oro Shop More credit card number 5125 7102 7540 5101... |
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 Can a collection agency look into your credit report without your consent? |
| This morning I found a new inquiry made by a collection agency. Is this legal?... |
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 My family used my credit card? Help! |
A sibling committed fraud in my name, with a credit card, over $10,000.
What are the consequences, if I report it, or decided to do nothing?
Please, answer seriously. I don't ... |
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 Credit Card Fraud? Please help!!? |
| Hello, I have been using godaddy.com for stuff a couple days. I have only purchased 2 items on godaddy.com, which was Hosting plan-1 year for $38(with 10% off) and $8 domain. I even have the receipt ... |
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 Job centre crisis loan? |
| Has anone had a crisis loan from the Job Centre? How much did you get? What are the terms of re-payment?... |
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 Can someone tell me the consequences of going bankrupt? |
| I'm in too much debt and unable to pay it all and can only see the way forward is bankruptcy, not sure on how to do it and i dont no the full consequences of doing this. can anyone help?... |
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| Free Credit Report? |
| I keep seeing the commercial on TV about freecreditreport.com, but then it asks for your credit card number for some kind of charge. How is that "FREE?" I will not give them my CC number ... |
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 How did someone get my credit card account number? |
| my credit card number has been used by someone. How do people get these? I have never ordered any thing online with this card, in fact I rarely use it.... |
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 I need a personal loan of $5000. My credit is bad. Don't want anything from overseas. Any ideas for me? |
Any type of loan will help. If needed, I can pay it back in a year. I just need the money for school and to fix my car. Like I said, I don't want anything from overseas.
Additional D... |
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| When approved for a credit card are you supposed to send in a payment for the card? |
they sent the letter stated i was approved and to send 34 dollars for the card to be sent to me...just making sure im supposed to
Additional Details
the bank is bank of ... |
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 Can a prepaid credit card help reestablish my credit? |
| I have paid off all my depts. What are some good ways to build up my credit again. My credit score is 576. I don't want to apply for loans because i am afraid of inquiries bringing my score down.... |
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MrsMac | What are the laws for collection agencies to collect debt from people that was from 2yrs ago and harrassment? |
They also mentions that they would make a note that my sister will bw non negoitable, which means what? What steps can I take to have them stop harrassing me? |
 |
 
Sgt Big Red
|
All collection agencies fall under the rules as set by the FDCPA (Fair Debt Collection Practices Act) which is Federal Law. You can read these laws at this link
http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre27.pdf
Here are some links for you to find out what your rights are.
http://www.ftc.gov/gettingcredit/
What you need to know about your credit.
http://www.ftc.gov/bcp/conline/pubs/credit/crdright.shtm
Credit and your consumer rights.
Also be advised that each state has their own statute of limitations on how long a creditor can try and collect in court or take legal action. States vary on the type of debt and the time limits. Here is a link to locate your state SOL
http://www.fair-debt-collection.com/SOL-by-State.html
Hope this answers your question
LEGAL DISCLAIMER: The advice contained herein is for informational purposes only. It is not to be construed as Legal Counsel nor Legal Advice. |
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Doctor Deth
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they can keep calling for 5 more years - pay the bill already |
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cosmosclara
|
Do an Internet Search for "Cease Communications" and "Validation" Letters....they are often called "Cease and Desist" and "Verification" Letters.
The sites will explain when & how to use them.
www.BudHibbs.com was very valuable to me. Check the buttons at the top of the page -- for "agencies to avoid", etc. There is a lot of good info about junk debt buyers -- and it sounds like you are dealing with them.
Bud's Site, often, displays your rights (in simple terms). If you feel you need legal help, call county & city government agencies -- or the state attorney's office -- for numbers of free or low-cost legal aid. The information is often available through state and local government websites.
I don't know what the collector means by "...non-negotiable"...
Good luck. Let me know if I can be of any help (finding info).
: ) |
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Jennifer
 |
Hi,
I used "Credit Solution" to settle my debt and improve my credit score.They managed to reduce my debt up to 58%.It's legitimate. Icame across this company on NBC News Special Edition.Check it out here:
http://www.x.se/a5nf |
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The S0urc3
|
Harassing you to pay your bills is a violation of the Fair Debt Collection Practices Act.. Debt collectors may not harass, oppress, or abuse you or any third parties they contact. For example, debt collectors may not:
use threats of violence or harm;
publish a list of consumers who refuse to pay their debts (except to a credit bureau);
use obscene or profane language; or repeatedly use the telephone to annoy someone.
Report any problems you have with a debt collector to your state Attorney Generals office and the Federal Trade Commission. Many states have their own debt collection laws, and your Attorney General' s office can help you determine your rights.
1-877-FTC-HELP (1-877-382-4357)
I do not know what state you are from that's why I don't know who your attorney general is, you can easily look this up on the Internet, simply type "YOUR STATE" then ATTORNEY GENERALS OFFICE, it should give you a link to your states website and there should be a contact button.
You can also file a complaint with the BBB (better business bureau) HERE:
http://us.bbb.org/WWWRoot/SitePage.aspx?site=113&id=ab12ce37-3680-42cc-9817-df71ecfda32e
Good Luck
EVERYONE WHO SAYS THERE IS NO LAW FOR HARASSING HER IS WRONG, SEARCH Fair Debt Collection Practices Act ON GOOGLE, IT IS A LAW AND ANYONE WHO SAYS IT ISN'T IS WRONG.
HERE IS THE WIKIPEDIA LINK READ IT YOURSELF:
A LIST OF VIOLATIONS IS ALSO LISTED THERE
http://en.wikipedia.org/wiki/Fair_Debt_Collection_Practices_Act
HOPE THIS HELPED GOOD LUCK |
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Scott K
 |
Tell them that you consider their treatment to be harassment. Tell them that all future collection issues between you and them need to be in writing. Tell them that any future phone calls will be recorded for accuracy and that transcripts/tapes of those calls will be forwarded to the FTC. Also, never ever let them call you at work, that is taboo. |
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CHAR L
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Collection agencies can collect a debt that has not been paid but ONLY for 7 years. Their is NO law against harassment their is a law though that they CAN NOT call your employer nor can they represent themselves as a lawyer. They can sell your debit to other collection agencies as well. Meaning that they will expect you to pay 2 or 3 different collection agencies for the same debit ( in this case you must contact the original Creditor) If the debit is 7 years old than it is off your credit report and you DO NOT have to paid it, If that was the case you can tell them that the debit can not be placed on your credit report again because it is over 7 years old and you will sue them if they continue to try and collect. They will stop. |
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grimlok2k6
 |
Pay it...
I had a debt from a hospital bill that was never paid by insurance. 4 years after the procedure, I got a letter from a collection agency.
So there is really no limit. I would suggest paying it , if not what will happen is they will put it on your credit rating, and then you will be screwed next time you looking for a car, or when you look to purchase a house...
As for as collection agencies, that is what they are supposed to do,, they will harass you, or the family members you have as contact reference, until they get paid.. See they do not get paid from the person you owe the money to, until they get you to pay it... |
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heylady689
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you have to pay... they will just put it on your credit if you dont. i would make payment arrangements for minimal payments and a freeze of your account. if your in financial hell. go to the credit consolidation group near you .. .they are not for profit and they help you negotiatge payments and freeze interest. also. NEVER give your real relatives names or numbers on a credit app. its for collection purposes only. Give a fake name and number. |
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