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 he...

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...

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...

Do you know the process a debt collection company takes?

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 bas...

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...

My lawyer sent a demand letter(premise Liability) to the dependant. If he was to let his insurance know about it? How long would it take for them(insu...

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 ...

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...

If you have an unpaid debt that is sold to a collection agency who then sells it to another collection agency should both collection agencies for the ...

Collection agencies have not removed negative information from my credit file even though I PAID all my credit card debts. Now what should I do I call...

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...

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 def...

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...

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...

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 d...

I have been paying a medical bill that I was giving $50.00 a month. I recently paid 25.00 and was called by collections and they said that if I do no...

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

in texas, can debt collectors sue? can they garnish wages. a collection agency out of california mentioned to me that they can issue a summons if i do...

A relative who have never lived in my household, not even a day, apparently have outstanding debts. Now the debt collectors have been calling my phone...

I have a couple credit cards $2000 and $600 debts, that im paying through a consolidation company. Debt collectors are calling several times a da...

I would like to know if interest can be charged. It wasn't supposed to be in the past but with the increase of purchased debt it seems debt collec...

Employment income and tax refunds can be garnished by debt collectors - can the economic stimulus rebate be garnished as well?

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...

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 ...

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...

What do you think of debt recovery companies that use fear and aggressive attidutes to try to get payments. I have heard companies train people to us...

The ticket, although issued by a private parking company, was valid. I posted a cheque and accompanying letter back in February. This was returned t...

Our country is in so much debt right now. I really like Obama but i haven't heard much about his debt recovery plan... is he going to raise taxes or w...

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 wi...

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...

My husband and I want to include all of debt into 1 payment before we get our house which is our two car payments, and credit cards. Is this possible...

I am a junior in college with about 10,000 in credit card debt. I am having trouble making payments, and would just prefer to defer payment until 6 mo...

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 (or...

Someone I know is filing for bankruptcy. I was wondering if there were any effects that bankruptcy would have on her as far as credit. Does bankruptcy...

Wondering how bankruptcy works if you are married. Say if one has awful credit, and the other has really good credit. The one needs to file for bankru...

In recent news, companies could be forced to Bankruptcy. Is this the same as "companies can be forced into Bankruptcy Protection"? I tho...

I hear it is very hard to file for the type of bankruptcy where they abolish all of your debt. However, what about the type of bankruptcy where you p...

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 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 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 & when?...

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,...

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 was told that in order to file chapter 7 bankruptcy in Maryland, you have to prove you can't pay the debt. What proof is needed to show this?