How to Handle a Call from a Debt Collector
Your cell number is your cell number, and you’re not changing it. You’d lose contact with too many people you care about. Unfortunately, everyone else has it, too. If you’re getting debt collection calls, you may have other things to think about in terms of your overall financial picture. But here’s how to handle a […]
We Will Take Your Debt Collection Calls
You have enough to worry about. We will take your debt collection calls for you. Some debt collectors are pretty good at their jobs. The more adept debt collection companies will try to force you into making bad decisions. But you don’t have to let that happen. You have to take control of the situation. […]
Call from a Debt Collector? Know Your Rights.
If you’re getting calls from debt collectors, you might have several issues going on in your life. You probably don’t have a lot of time to talk to a stranger trying to get you to pay them money. Or you might have all the time in the world but no money to give. If you […]
Can a Debt Collector Message Me on Facebook?
If you are being pressured to pay a debt, you know that collection agents can be relentless. A collection agency may be constantly bombarding you with demands for payment. Letters, phone calls, and . . . Facebook? That’s right. Social media makes it even easier for debt collectors to find and pursue you. Over the last few weeks, […]
Restrict Debt Collectors from Calling Cell Phones
In November 2013, the CFPB issued an Advance Notice of Proposed Rulemaking soliciting public comments on an array of issues relating to the debt collection practices of third-party debt collectors, debt buyers, and creditors. The CFPB should restrict debt collectors from calling cell phones. In a recent article, Todd Zywicki, law professor at George Mason […]
You Can’t Go to Jail for a Debt
A long time ago, when our country was very young, the U.S. had separate prisons for people who could not repay their debts. We called these jails “debtors’ prisons.” Today, we think it preposterous to throw someone in jail for simply owing a debt. After all, how would someone earn the money to repay a […]
Debt Collection Companies and Negotiating Debts
Many of my clients get debt collection calls and and debt demand letters, and many of these calls and letters come from just a few debt collection agencies. All of the big banks contract out their default and delinquent accounts to a relatively small number of large debt collectors. If you are sued on a […]
Be Prepared When the Collection Agent Calls
When the collection agent calls, be prepared. Thanks to the Fair Debt Collection Practices Act, you don’t have to take abuse just because you owe a debt. The Fair Debt Collection Practices Act (FDCPA) strictly prohibits debt collectors from using abusive, unfair, or deceptive practices. The FDCPA defines a debt collector as someone who regularly collects […]