Debt Collection Process

I am 105K in debt(mortgage, student loan, car and the unsecured loan) and lost my former job due to lack of work. I got a new job but I am out 15K/yr....

One of our co - worker cried about his family problems like mother's ill health, son's education etc etc and asked a good amunt of money as help on re...

last year, i became ill which lasted for a little over a year. being a freelancer, this meant i was not able to work and draw an income as well as bei...

About two months ago I received a letter from Litow & Pech, P.C. saying that I owed money for a past debt for a cell phone bill and they wanted 65...

In the past three years i had a couple credit cards that i defaulted on, they proceeded to the collections process, but know i am ready to pay them of...

I am in the process of settling my debt. A collection agency which bought my account is charging more than double what I owed. Is this legal? How m...

Does anyone know the time frame that these things take? All I know is my lawyer sent State Farm a demand letter on April 9, about the accident that to...

I wrote a demand letter to a business requesting my refund back for a broken contract. I had a contract with the business to use their facility for an...

I'm considering the "threat/demand letter" route with my ex-employer who as gone silent on my final commission check. I resigned on basical...

I was rear-ended over 1.5 years ago and I am now going to send a demand letter. I have had treatment for soft-tissue injuries and am still in some pai...

My former coworkers and I are currently in the process of suing our former employer and the local manager of a HUGE insurance company. My attorneys se...

I was awarded a $1200 + $22 court cost judgment by default about 2 months ago. The man has refused to repay me by amicable means. Could I start my j...

how do the collection agencies know when you open a new bank account? Each time I open a new one they seem to find out?How do they get this informatio...

I have some medical bills from this year that I paid off. now out of no where their saying I owe 300 dollars, so I fax them the proof that I paid and ...

What are some good, effective collection agencies (cheap) and what are their costs? Assuming that the debts needing collected would be $20-$200, usual...

Once an account is sold to the collection agency, how soon does it get put on your credit report and is it possible to prevent it from happening with ...

I have a couple of old (small) collections on my credit report that I'd like to clear up, but it just shows the name of the collection agency and a pa...

I got a copy of my credit report and sent letters to the various collection agencies asking for them to verify my debt. Three of the letters came bac...

surrender my car or I would be arrested the next day. I was able to make my payment soon after that and keep my car but I'm still disturbed that the r...

In the spring of 2003, I got (of all things) a jaywalking ticket for $90, and I thought I paid it! Shortly after that I moved (but had my mail forwar...

How can I improve my question techniques,as I have been working in the debt collections area for a large financial corporation for 6 months,But I have...

I want to pay off my 20 dollar debt but wonder if this "pay to delete" technique works. Even if I pay the debt the negative report will rem...

surrender my car or I would be arrested the next day. I was able to make my payment soon after that and keep my car but I'm still disturbed that the r...

If a debt agency takes over my debt from another company - do I have the right to say I have no debt with them as I haven't spoken to them and definat...

I know the SOL is 15 years in Ohio. My fiance took out a car loan 12 years ago for $1000.00. He paid off about $200.00 then quit paying on it (he wa...

Jim and Edna have a good credit history and rating, but if their son, Burtwood, who stills lives with them, has got himself into debt and, unable to p...

I went to a dentist but never got the treatment after getting the high quote. 4 years later there's a debt collector calling me for thousands of dolla...

I have a dispute with a company. The company asks a debt collection company to enforce me to pay the money on dispute. Does the debt collection comp...

While trying to settle a debt with a collection agency, I was transferred to a supervisor and he started giving me details about my credit history. I ...

what do you debt collectors feel and say after hanging up on a mouthy debtor? would you like to punish them somehow?

I had my mobile phone stolen a while ago and cancelled my plan because i was sick of the company i was with. It came up to $1500 in total and i have b...

Should you send payment to a credit card company even if a collection agency is calling you? The debt has not been sold to the collector.

What information do debt collectors receive when a company forwards a debt for collection? Do they simply get the information for the debt (name, add...

How to check to see if the debt is really legit? I know there's a statute of limitations of 7 years that prevents debt collectors from contacting you ...

So I have recently moved because of the military and somehow 2 debt collectors found out my address. I monitor my credit report and no one has reviewe...

What is the length of time before a debt can be written off and not pursued by a debt recovery company. (i.e clothing store) This debt goes back to 2...

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 ou...

I thought unsecured loans meant just that, but someone said the debt recovery companies have a way to attach these debts to your house, so it then bec...

Hello I received a letter from a debt recovery company requesting money that I had already paid. Will this now be on my credit rating? The company I ...

a teenager at college. I haven't heard anything from Abbey for 13 years and suddenly I get this demand. My question is : Is there a time limit wh...

I am dealing with a Bank & the FOS behalf of my daughter. We are challenging them on a mis-selling of a bank loan. The only benificery was the ban...

Me and my partner are in debt and can not keep up with the repayments. We took out loans to renovate our house then when we both lost our jobs we took...

Is there a regulation or law that for debt payment by mail that the post office acts as the recieving agent for whoever the payment is sent to and the...

I have good credit in the 600's, I just have a high debt to income ratio. I have about 4 personal loans I want to consolidate. One is already with P...

there are so many problems with automatic regular direct debt payment, for example, I asked 3g to cancel my phone contract and they still charging me ...

With trillions of toilet paper dollars flooding the world markets we have perpetuated the false idea that this is the predominate currency of the worl...

Being sued by a company for non-payment of a debt. The judgment was passed and the County Constable sent around to gather items to repay the debt. T...

I was just wondering what is the difference between Chapter 7, 10 & 13 bankruptcies. How did the new law that Bush passed now affect bankruptcies...

hello , after lots of consideration i want to go through with bankruptcy, the thing is that im unemployed and i dont want to spend any money going thr...

I need to file for bankruptcy but Im not sure on the steps I own a 3 bedroom House, and I own a 4 apartment building, My home is being foreclosed...

I have heard this is a good way to remove a BK. See below. Has anyone tried this? Unlike other negative information which stays on your credit...

I'm a lawyer who is about to go into solo bankruptcy practice in the Eastern District of Virginia and I'm looking to buy bankruptcy software. Should ...

My husband and I just filed for bankruptcy not too long ago and are planning on getting a cell phone plan. Does anyone know how much the bankruptcy wi...

I have a vehicle which is listed on my Chapter 13. But do I get the title to the vehicle when I finish paying the Bankruptcy Court??? How & w...

I need to find all the information I can about federal bankruptcy laws. Especially any thing I can download or print from a law library.

I live in Ohio and my husband and I are filing bankruptcy. I was reading about bankruptcy laws and saw where it said that student loans could be inclu...

The bankruptcy trustee told me to ammend my exemption schedule to include my 2007 return, but I don't know the code. I filed with out an attorney, so ...

I am considering filing bankruptcy due to the fact that in the last year i have willing foreclosed on my home and now it looks as though I am going to...

I have a very high payment on my leased vehicle. I would probably have to buy the vehicle at the end of the lease due to excessive mileage and excessi...