1) Get organized Start a file cabinet where you begin to collect all of your financial papers. Need help? Read one of David Bach's Finish Rich books....
Now don't get me wrong, there are many good, fair, reasonable, and law abiding debt collectors out there who would never think of engaging in such alleged behavior. And while some may feel "all is fair" in order to collect a debt, there are limits.
The letter stated that I was "obviously responsible" for "taking care of your husband's obligations" and that if they did not receive payment in full within 30 days, they would take further action. Did I mention that almost all of the officers of said financial institution were guests at our wedding? And his funeral?
The Fair Debt Collection Practices Act says that if a collection company is trying to get you to settle a debt, they can only call you between 8 a.m. ...
What does it say about us as a nation where patients waiting in an emergency room or lying in (or near) recovery rooms after surgery can be confronted by a special "relative" or friend at their bedside? It's your friendly medical debt collector, holding an invoice.
Dear Debt Adviser, I am a victim of identity theft. The person who stole my ID took out a payday loan and used a fake bank account number. I am now b...
The Wall Street Journal posted a story about Portfolio Recovery Associates, one of the nation's largest debt collectors, using the signature of a woman named Martha Kunkle, who died in 1995.
Desperate people want to believe it's true. They want to believe that there are companies that can easily get rid of their credit card debt. More often than not, they are deeply disappointed.
