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Dealing with Debt Collectors

Debt Free Colorado

We work hard to ensure that our clients have a thorough understanding of their legal alternatives to make informed financial decisions for themselves and their families. In this article we will answer the question: What can debt collectors do to you? Does Colorado Law Protect Me From Debt Collectors?

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Does Paying Off Collections Improve Your Credit Score?

Credit Corp

How to Improve Your Credit after Collections Debt Collections FAQ What Is Collections Debt? When you default on a payment, the company you owe may sell your debt to a third-party collection agency. Is It Worth It to Pay Off Collections? This is done with a pay for delete letter.

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Can a Collection Agency Change an Account’s Open Date?

Taurus Collect

Dealing with a collection agency can often feel like navigating a maze, especially when there seems to be a change in your account’s open date. If you’ve found yourself in this situation, you’re likely asking, “Can a collection agency change an account’s open date?”

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Need to Know About Debt Negotiation and Settlement?

Sawin & Shea

How Does Debt Negotiation Work? Debt negotiation means your creditor has agreed to accept less than the full amount of your debt as payment– it also means debt collectors can’t harass you for your payments. Debt settlement with the wrong organization or a scam can destroy your credit.

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CFPB Reaches Settlement With Debt Collector Over Deceptive Practices

Collection Industry News

Last week, the CFPB issued a Consent Order against a New Jersey based debt-collection agency (Agency) over allegations that the Agency regularly violated the FDCPA and the CFPA in the course of their collection activity.

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When To Escalate An Invoice To Debt Collection Services  

Taurus Collect

In this blog post, we will explore all aspects of late payments, escalating an invoice, and when debt collectors should be brought into the equation. Understand Collection Laws If you’re a creditor struggling to collect debts, you might be considering turning the debt over to a collections agency.

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What Are the Crucial Steps in the Debt Collection Process?

Taurus Collect

This knowledge can help businesses choose the most appropriate course of action, which may include hiring a debt collection agency. Consumer Debt Collection: This involves the collection of personal debts owed by individuals, usually to banks or credit card companies.