Divorce And Bankruptcy- Making The Best Of A Stressful Situation
Posted May 24, 2010 – 12:33 pm in: Debt ConsolidationDivorce, in addition to bankruptcy can bring serious problems to the table for those involved in the situation. When a married couple who no longer wishes to remain together have debts piling up and are heading for divorce, bankruptcy might be one way to sort out the financial issues. Bankruptcy has the capacity to be filed by just one spouse, or jointly. The effects of bankruptcy on divorce proceedings? Abrupt at best. An automatic stay will put an end to all activities on divorce proceedings.
No Comments | Tags: collection, collection agency, collection agency credit report, collection agency credit reporting, collection agency faq
What is good letter to write to collection Agency if they didn’t verify a debt?
Posted January 15, 2010 – 7:46 am in: Personal FinanceI sent a letter to debt collection agency to validate a debt they have on me. I sent the letter certified mail and got a reciept. It has been more than 30 days since they got the letter. Should I send a followup letter, or repor them to the FTC and BBB for putting a [...]
3 Comments | Tags: agency, collection, debt, didn't, good, letter, They, verify, write
What are the requirements for me to open my own debt collection agency in California?
Posted January 13, 2010 – 11:10 pm in: Personal FinanceWhat are the requirements for me to open my own debt collection company in California? Are there any laws or licensing requirements? I know I will be subject to the fdcpa, but any licenses i must get first?
1 Comment | Tags: agency, california, collection, debt, open, requirements
Is it advisable to use a debt collection agency? How effective are they?
Posted January 12, 2010 – 1:49 pm in: Personal FinanceI want to collect a substantial amount from my Judgment debtor. Can a debt collection agent assist reliably in this regard? Can you please recommend some to me? I do understand that they don’t come cheap, though some offer free services so far they get a commission.
1 Comment | Tags: advisable, agency, collection, debt, effective, They
How do I get a debt collection agency that has the wrong number to stop calling me?
Posted January 11, 2010 – 4:50 am in: Personal FinanceSome debt collection agency in Georgia keeps harassing me, looking for somebody named Sarah at my phone number. I do not know a Sarah. They have the wrong number. I have told them multiple times that they have the wrong number, but they keep calling me (obviously they think that I’m lying). How do I [...]
5 Comments | Tags: agency, calling, collection, debt, number, stop, wrong
How do you get a court to garnish wages for debt collection?
Posted January 9, 2010 – 7:47 pm in: Personal FinanceI have a judgment against an individual and his company for close to $10K. I know that his company is still solvent, yet few debt collection agencies could be found in my area (Lehigh Valley, PA). Is there a way to have the court garnish wages to collect debt?
3 Comments | Tags: collection, court, debt, garnish, wages
If I respond to a debt collection agency does this start the Statue of Limitations all over again?
Posted January 8, 2010 – 10:52 am in: Personal FinanceI live in Texas and I am being hounded by a debt collection agency. I do own this debt, but I have not responded to their endless phone calls and text messages. I was told the minute I have any contact with the debt collector this will “Restart the Statute Of Limitations” and this just [...]
5 Comments | Tags: again, agency, collection, debt, limitations, over, respond, start, statue, this
What can I do about debt collection letters wrongly sent to me?
Posted January 7, 2010 – 1:55 am in: Personal FinanceI keep letters from collection agencys trying to get me to pay debts that are not mine. Is there any way to stop them or maybe charge them for the harassment. Each time it is always the wrong social security number,not mine.I cant believe that it is legal to send people a bill for a [...]
4 Comments | Tags: about, collection, debt, letters, sent, wrongly
Debt collection?
Posted January 5, 2010 – 4:47 pm in: Personal FinanceIs it against the Federal Debt Collection Act for a debt collector to call 7 times a day? Even if its on a dialer phone? I need help in this matter because It’s getting annoying. I feel like I’m be harrassed. Please be serious in this matter.
9 Comments | Tags: collection, debt
How do I find out which debt collection agency is holding my old debt?
Posted November 28, 2009 – 10:10 pm in: Personal FinanceI had a rough time a few years ago, and stopped paying my credit cards and cell phone to be able to keep paying the rent and then i lost my job, it was all sent to debt collectors. I’m ready to get this taken care of so I can rebuild my credit somehow, but [...]
2 Comments | Tags: agency, collection, debt, find, holding
How does the debt collection process work on an unsecured loan?
Posted November 27, 2009 – 8:03 am in: Personal FinanceI 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. Through much juggling, I am paying off everyone except the unsecured loan on which I am paying 30/month(they want 260/mth) and they are [...]
4 Comments | Tags: collection, debt, debt collection, loan, Process, unsecured, Work
What happens when a debt goes to a lawyer for debt collection?
Posted November 22, 2009 – 5:20 pm in: Personal FinanceI have been out of work for a while and became unable to pay on a credit card debt. It has been about 90 days since my last payment and I just got a letter from a law firm stating they will be pursuing collecting the debt. I am still out of work and have [...]
5 Comments | Tags: collection, debt, goes, happens, lawyer
