Debt Free Colorado

FEBRUARY 21, 2022

When collecting a debt from you, collection agencies must adhere to federal and state rules. Fortunately, the federal Fair Debt Collection Practices Act (FDCPA) protects all states. The Fair Debt Collection Practices Act (FDCPA) does not apply to original creditors or cover company obligations.

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Debt collector Fair Debt Collection Collection Agencies Collections Agency 98

Taurus Collect

JANUARY 2, 2023

If you fail to pay back your creditor or lender or miss out on instalments regularly, they may resort to a debt collection agency or sell your account to a debt buyer. Then, the debt collection agency will pursue you to recover the money from you, and you are legally obliged to make the payment.

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Third-party Debt Collectors Collections Collection Agencies Collections Agency 52

Credit Corp

JULY 20, 2020

The seven-year clock starts on the date of the last scheduled payment you didn’t make and doesn’t restart if the debt is sold to a collection agency or debt buyer. Once you have enough money to negotiate, contact the original creditor. Ongoing Apr: 12.99%, 17.99% or 22.99%, based on your creditworthiness.

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