Tag Archives: Debtors

8 things debt collectors won’t say

The calls may be scary, but you do have rights you should know about. Here are some things to know before you decide how to respond. It should come as no surprise that if you fall behind on your bills, … Continue reading

Posted in Collections, Credit Card Debt, Debt Collection, Debt Collector Scams, Debts Owed, Judgment Collection, Judgment Debt, Judgment Enfocement, Judgment Recovery | Tagged , , , , , , , , , | Leave a comment

$7.5 billion in Court-Ordered Debt to be Collected

The state of California has about $7.5 billion in court-ordered fines and fees sitting around just waiting to be collected, according to an article from investigative journalism group California Watch. The debt is owed to California for various fees, fines, … Continue reading

Posted in Collections, Court Debt, Debt Collection, Debts Owed, Judgment Collection, Judgment Debt, Judgment Enfocement, Judgment Recovery | Tagged , , , , , , | Leave a comment

State to Require Creditors to Validate Consumer Debts

The Massachusetts Attorney General published onerous new consumer debt collection practice regulations, deeming their violation to be an unfair trade practice. These regulations, which became effective upon publication, purport to govern every business and person nationwide who engages in collecting … Continue reading

Posted in Collections, Court Debt, Credit Card Debt, Debt Collection, Debt Collector Scams, Debts Owed, FInancial News, Judgment Collection, Judgment Debt, Judgment Enfocement, Judgment Recovery | Tagged , , , , , , , , , , | Leave a comment

NCO Settles Debt Collection Action with 19 States

Ohio Attorney General Mike DeWine announced today that his office lead a settlement between NCO Financial Systems and 19 states which will see NCO pay up to $1.5 million in restitution to the AG offices and consumers in the states. … Continue reading

Posted in Collections, Credit Card Debt, Debt Collection, Debt Collector Scams, Debts Owed, Finance, FInancial News, Judgment Enfocement, Judgment Recovery, Law, Legal News | Tagged , , , , , , | Leave a comment

Court Halts Alleged Fake Debt Collector Calls

Court Halts Alleged Fake Debt Collector Calls from India, Grants FTC Request to Stop Defendants Who Posed as Law Enforcers California-based Defendant Ran Phantom Debt Collection Scheme from His Home, FTC Alleges In response to charges from the Federal Trade … Continue reading

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“Debtors Prison” Bill in Senate Committee Hearing Next Week

An Illinois state bill that would directly address the practice of “body attachment” for debt-related judgments will be the focus of an Illinois Senate committee hearing next week having already unanimously passed that state’s House of Representatives. The bill, HB 5434, … Continue reading

Posted in Banking, Banks, Collections, Court Debt, court judgment, Courts, Credit Card Debt, Debt Collection, Debts Owed, Finance, FInancial News, Garnishments, Judgment Debt, Judgment Enfocement, Judgment Recovery, Law, Legal News | Tagged , , , , , , , , , , , , , , , , | Leave a comment

Why Is This Decade-Old Debt Still Hurting My Credit?

Most negative information can stay on your credit reports for no more than seven years, or ten years in the case of certain types of bankruptcy. Then why is an old collection account still appearing on a reader’s credit reports … Continue reading

Posted in Banking, Collections, Court Debt, court judgment, Credit Card Debt, Debt Collection, Debts Owed, Georgia, Georgia Department of Banking and Finance, Georgia Government, Government, Judgment Debt, Judgment Enfocement, Judgment Recovery, Law, Uncategorized | Tagged , , , , , , , , , | Leave a comment

Can a Creditor Take Your Inheritance?

In this day and age of foreclosures, high unemployment, divorces and large credit card debt, an inheritance can certainly help to ease the financial obstacles that many people are facing. But what will happen to your inheritance if you are … Continue reading

Posted in Collections, Court Debt, court judgment, Courts, Debts Owed, Finance, Garnishments, Judgment Debt, Judgment Enfocement, Judgment Recovery, Law | Tagged , , , , , , , , , , | Leave a comment

JPM Chase Quietly Halts Suits Over Consumer Debts

JPMorgan Chase & Co. has quietly ceased filing lawsuits to collect consumer debts around the nation, dismissing in-house attorneys and virtually shutting down a collections machine that as recently as nine months ago was racking up hundreds of millions of dollars in monthly judgments. Continue reading

Posted in Collections, Court Debt, court judgment, Courts, Credit Card Debt, Debts Owed, Finance, Garnishments, Georgia Department of Banking and Finance, Judgment Debt, Judgment Enfocement, Judgment Recovery, Law, Legal News | Tagged , , , , , , , , , , | Leave a comment

Client Debt Management Tips for Your Business

Do you have a deadbeat client? You don’t have to lose sleep or money.  Here are some tips for client debt management reduction so you can collect what’s rightfully yours. You need a client debt management reduction plan to deal … Continue reading

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