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How Effective Are Collection Agencies?

Nexa Collect

Agencies offer their agents rigorous training and access to advanced tools like skip tracing and bankruptcy scrub to improve the accuracy of their collections. Bankruptcy scrubs alert agents when a bankruptcy filing occurs so they can move quickly to avail themselves of the proceedings as efficiently as possible.

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How Effective Are Collection Agencies?

Nexa Collect

Agencies offer their agents rigorous training and access to advanced tools like skip tracing and bankruptcy scrub to improve the accuracy of their collections. Bankruptcy scrubs alert agents when a bankruptcy filing occurs so they can move quickly to avail themselves of the proceedings as efficiently as possible.

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5 Steps to Fight a Credit Card Lawsuit

Credit Corp

Consult a lawyer: If you are unsure how to draft your response or need help asserting defenses, consult a lawyer or a legal aid organization. Filing for Bankruptcy One option is filing for bankruptcy, which can help to immediately stop collection actions, including the lawsuit itself, through an automatic stay.

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What Are Preferential Payments in Bankruptcy?

Sawin & Shea

Before someone makes a bankruptcy filing, it is not uncommon for debtors to feel as if they have to make some tough decisions. Which creditors can they pay? This typically occurs because the debtor doesn’t have the money to pay all of their creditors, so they feel they need to rank which ones are more important to pay first.

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Dealing with Debt Collectors

Debt Free Colorado

Bankruptcy may appear to be a scary process, but it does not have to be. You may be able to apply for one of many different types of bankruptcy, each of which accomplishes various aims, depending on your specific situation. The Fair Debt Collection Practices Act (FDCPA) does not apply to original creditors or cover company obligations.

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How To Remove Negative Items From Your Credit Report

Better Credit Blog

your own lawyer to fight on your behalf. Write a letter to the original creditor or collection agency and ask them to remove the negative entry from your credit history as an act of goodwill. Bankruptcy : Filing bankruptcy could help restore your financial health by reorganizing or dissolving old debts. Bankruptcy.

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How to Handle Collection Calls

Sawin & Shea

When you hire Sawin & Shea for your bankruptcy, we give you a phone script that helps you handle collection calls. After you retain the firm, creditors must stop calling you once they have notice of our representation. There are also a few important things you should keep in mind about talking to collection companies and creditors.