by Barbara Braziel | Sep 18, 2019 | Debt Collectors
If you have not made payments on a loan for a period of several months, a creditor may decide that there is no hope of getting their money back. At that point, they will likely sell the debt to a collection agency. While the new owner of the debt has a right to...
by Barbara Braziel | Aug 8, 2019 | Debt Collectors
A collection notice is an early opportunity to repair any damage to your credit as a result of this debt. It is a chance to negotiate with the debtor or to advise him if the notice is incorrect. For your own benefit, start now: Remain calm and courteous. Honey gets...
by Barbara Braziel | Aug 2, 2018 | Debt Collectors
Most Tax Collector’s (the banks you owe money) have very little right to force collection from you without first winning a lawsuit against you for not paying back your debt. For example, if you stop paying your credit card bill, the bank who backs that card would have...
by Barbara Braziel | Jul 29, 2018 | Debt Collectors
Just as some debts are treated differently in bankruptcy – some debts can be discharged (erased) in bankruptcy and some cannot – so too are creditors treated differently in bankruptcy, so why are some creditors in bankruptcy paid while some are not? Whether or not a...
by Barbara Braziel | Jun 5, 2018 | Debt Collectors
Dealing with debt in collections can quickly induce stress. The phone rings non-stop and they continually demand money. But if you could afford to make all of your debt payments, you would. If you have a debt that has gone to collections and you must deal with a...
by Barbara Braziel | Mar 29, 2018 | Debt Collectors
Debt collectors can be annoying and aggressive, and can quickly induce stress. As soon as the phone rings with another collection call, or you open yet another collection letter, your stomach knots and you feel instantly overwhelmed. If you could make all of your debt...
