Our debt collection blog keeps you updated with new information about dealing with debt collectors, including updates to our free e-book Debt Collection Answers: How to Use Debt Collection Laws to Protect Your Rights.
We also feature answers to debt collection questions from readers here.
What are some essentials that young people need to know about credit? Debt Collection Answers cofounder Gerri Detweiler recently shared her perspective in this article...
I have some property of my friend's here at my home. Now I don't want to give it back because I loaned him $7000 in cash one year ago. Can I keep his property until he pays me back ?
My phone is in my name. I live with my girlfriend for two years, a bill collector called today looking for her ex. How sis they know to call my number? Supposedly she hasn't talked to ex so he shouldn't have my number. Please help!
I received 2 collection letters for my son with my name on them. He doesn't live with me. When I looked at my credit report they put the to bills for in collections under me...
Years ago ago I started receiving phone calls from debt collectors and people looking for someone with the same last name as mine. They said there were civil complaints against her and she owed a lot of people money. It turns out this woman had listed me and my sister as her daughters on some paperwork and listed our phone numbers so that the collectors, etc would call US instead of her.
I am looking to find out what debts I have in collections? Reply from DebtCollectionAnswers.com: We don't have a super simple answer for you but we do
If you have a judgment or tax lien on your credit reports, you may be in for a pleasant surprise. Most judgments and half of tax liens are going to come off credit reports.
A Brilliant Way to Rebuild Bad Credit If You Have Collection Accounts
My father let his home go into foreclosure and I paid to get it out of foreclosure. My father signed the deed over to me. I have been making the payments on the home for the last four yrs and have put several thousands of dollars into the home to get it back into living conditions. Now...
When you’re looking to pay down debt, one of the best things you can do is transfer your balance from a high-interest credit card to one that offers a temporary (the longer, the better) 0 percent introductory offer. This allows you to pay down your debt without tacking on additional interest fees.
Additionally, you can look for cards that have no balance transfer fees or that offer 0 percent on purchases for a period of time.
There are some very good reasons to use business credit cards to pay for purchases you make for your business. Using personal credit cards can put your credit scores at risk and can make tax time a lot more complicated. But what if you have bad credit? Yes you may have options. Here's more about business credit cards for bad credit...
What do you do when your bills wind up with debt collectors? Should you pay them or not? We're pleased that our ebook is featured in this article in US News & World Report...
Have you thought about using a balance transfer to pay a debt collector or to consolidate debt with high interest rates? That strategy can work but you have to be very careful. You need to avoid expensive traps and choose the right card. This article, which quotes the co-author of the free Debt Collection Answers ebook Gerri Detweiler, provides essential advice.
Am I responsible for my husband who I am separated from since Oct 1 2015 c/c debts and loans if i am not on any of them?
Im 15 and paypal screwed up everything on a purchase for ebay. it was 200.08 and now im getting invoices after paypal debt collectors told me it will be
Do you have to show a cancellation of debt even after 15 yrs and had gone to a mediator?
IF I have a bank account with ssdi direct deposited and I have my boyfriend's name added to that account (he has is no funds or income in this added to
Paid debt collector 1,680.00 after rude call and after 3 weeks the Anesthesist office still says the bill hasn't been paid. Are there any laws broken?
Under the federal Fair Debt Collection Practice Act, a debt collector generally is a person or a company that regularly collects debts owed to others, usually when those debts are past-due. Debt collectors include collection agencies or lawyers who collect debts as part of their business. There are also companies that buy past-due debts from creditors or other businesses and then try to collect them. These debt collectors are also called debt collection agencies, debt collection companies, or debt buyers.
Under the federal Fair Debt Collection Practice Act, a debt collector generally is a person or a company that regularly collects debts owed to others, usually when those debts are past-due. Debt collectors include collection agencies or lawyers who collect debts as part of their business. There are also companies that buy past-due debts from creditors or other businesses and then try to collect them. These debt collectors are also called debt collection agencies, debt collection compani
In the budget the Obama administration has just sent to Congress there are some benefits for students who will face massive tax bills when their student loans might be forgiven under income based programs.
As it stands now, students are enrolling in income driven repayment programs to reduce their current monthly payments to a level based on their income. After 20-25 years, depending on the program, the remaining balance would be forgiven. As it stands now, that forgiven amount would be taxable up to the level the student becomes insolvent.
To make the problem even worse for the income driven plans, the balances are going up while they qualify for lower payments. So the balances due once they reach the forgiveness point in a couple of decades will be massive.