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Debt Collectors Taking Things Far

Despite laws enacted to protect debt consumer rights, it did not stop some abusive debt collectors from crossing the line. Stories of how debt collector used practically every tactic in the book to intimidate debtors to pay debts they may or may not owe are all too many and for many people, it’s their reality. There have been cases of debt collectors threatening debtors with prosecution, jail time, credit card lawsuit and...

How To Recognize Illegal Debt Collection Efforts

According to the Federal Trade Commission, complaints against abusive collection companies rose to 17% in 2010 with nearly 150,000 complained filed individually. However, the unrecorded number of complaints against abusive collectors could be much higher simply because debtors have very little idea about the Fair Debt Collection Practices Act or FDCPA that they don’t even know their rights have been violated. Under the...

Illegal Debt Collection Tactics You Should Know Ab...

When the Fair Debt Collection Practice Act was passed by the Congress in 1977, it spelled the end of abusive, inappropriate and often questionable collection practices applied by both creditors and debt collection companies. The FDCPA also gave debtors a chance to keep their dignity intact as they deal with outstanding balances. The rules under FDCPA include strict guidelines on how and when debt collectors can request...

When Debtors Are Harassed By Debt Collectors

Have you been receiving debt collection calls day in and day out? Hounded by debt collectors at home and at work? Perhaps you’ve been ridiculed or threatened by collection agents because you got laid off and fell behind on payments. If you experienced all these and more, you are a victim of credit harassment. The good news is, you can do something about it. Certain laws are enforced to protect consumers from unsavory,...

How To Prevent Credit Harassment

With this economy as well as the instability of many trade and industries, the last thing you need is to deal with past due debt that could potentially lead to a credit card lawsuit. Unfortunately, hundreds of Americans are dealing with unpaid debts and worse, facing credit card lawsuit for ignoring the summons. Bill collection has turned into a billion dollar business and debtors are fooled into believing they have little or...

Important Questions to Ask When In Contact With A ...

Dealing with a collection agent is quite a stressful experience especially with the possibility of facing a credit card lawsuit. For others, ignoring the problem might seem like the best thing to do but if you want to rid yourself of a problem, you’re going to have to find to a resolution. If you came across a collection agent trying to get you to pay an alleged debt, it is important to ask yourself these important...

Protecting Your Rights Against Abusive Creditors

In most cases, junk debt buyers and creditors are so eager to collect that they will do practically anything to get the money, regardless whether their actions are illegal or not. The good news is, complaints about abusive creditors and debt collectors are on the rise that the Federal Trade Commission released the top complaints that consumers report about their debt collectors: Demands Unreasonable Debt Payment According to...

Sued By A Credit Card Company: Hunted By Debt Coll...

Junk debt buyers and collection agencies are notorious when it comes to the strategies they use in order to collect money. However, they seemed to step up their game by using social networking websites like Facebook and Twitter to track down and embarrass delinquent debtors to pay up lest they get sued by the credit card company. Unfortunately, social networking websites work great for many collection companies because they...

Being Sued by Credit Card Company? Answer Junk Deb...

Are you being sued by credit card company? This situation may prove to be difficult if you don’t know what steps to take to fight off debt claims in court. Thousands of Americans are being sued by credit card company and it is up to you to exercise your rights and defend yourself. If the lawsuit pushes through the Interrogatories phase, chances you, are will be given a set of questions you need to answer. Now, this is a...

Response to Summons: No Original Credit Card Agree...

If you recently received a summons from your creditor and the documents did not include the original credit card agreement you signed then your case is off to a good start. You can turn things around and create your response to summons with the higher possibility of winning your case if you use the fact that the summons did not include important documents like the signed credit card agreement. Before you create your response...

How To Answer a Summons for Credit Card Debt

A credit card company may file a lawsuit against delinquent borrowers whose accounts are substantially past due. If you are a subject of a lawsuit, you will receive a court ordered summons. Summons is a notification that you have to appear in court. A summons may be served by the sheriff, by an appointed person with no attachment to the case or via certified mail return receipt requested. Once you received the summons, you...

Credit Card Debt that Can’t be Served

Credit card companies and debt collectors need to deliver formal court summons to debtors if they want to extract money for any defaulted credit card accounts through a lawsuit. The court summons serves as a notification to the defendant that a lawsuit is underway and is giving them the chance to defend themselves in court. However, there are times when a creditor cannot locate the debtor to deliver the court summons. While...