Does The Fair Debt Collection Practices Act Apply On Medical Debt?

Posted January 3, 2011 – 10:55 am in: Credit

I receive email quite often asking me about medical bills and whether they are covered by the FDCPA or at what times the FDCPA applies? Will the FDCPA apply? Yes it will, but it also wont. Under the Fair Debt Collection Practices Act third-party debt is the only type that is covered. To elaborate, I will go through the typical process of a medical bill and where your rights begin and end.

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Learn About Getting Yourself Out Of Debt

Posted December 4, 2010 – 6:03 pm in: Personal Finance

During the last few decades, millions of people took advantage of the loose lending practices offered by banks and credit card companies. Now, with so many people un or underemployed, paying back that debt has become an overwhelming task. Even those who have had little change in their finances are often consumed by their debts, the interest rates, and excessive fees charged by lenders. Many need to know whom they can turn to for help with getting their debt under control and getting out of the red.

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How To Out Smart The Debt Collector The Easy Way!

Posted May 20, 2010 – 9:22 am in: Debt Consolidation

Whereas most credit card debt collection professionals try to stay within the boundaries defined by the Federal Fair Debt Collection Practices Act FDCPA, many others cross the line on a habitual basis.

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Do You Have Too Much Credit Card Debt?

Posted April 11, 2010 – 5:34 pm in: Credit

Recent studies have shown that many Americans are $10,000 or more in debt. Reports have also shown that many of these individuals are now unable to pay those debts due to recent economic changes. The recession that has recently hit America has caused financial problems to increase for many individuals who never dreamed they would experience credit trouble.

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How To Avoid Minimum Payment Trap Of Credit Card Debt

Posted April 2, 2010 – 5:18 pm in: Credit

Do you seem to find yourself with a credit card balance that seems to increase month after month, even right after you’ve applied your monthly bills to the debt? However, with the state of the recent economy, you will find a lot more consumers that find themselves in this scenario – encompassed within a mess of the minimum repayment trap and unsure of the steps to take to get rid of their debt once and for all, and even pay it down.

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