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Can a Debt Collector Collect After 10 Years?

Credit Corp

Whether you have medical debt, credit card debt or unpaid student loans , getting calls or letters from debt collection companies can be frustrating. This is because they know that most borrowers who are sued for old debts won’t show up in court, and the judge will issue a default judgment.

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How To Remove Portfolio Recovery From Your Credit Report

Better Credit Blog

Having a debt collection company on your credit report could pull down your credit score by as much as 100 points — if you had excellent credit to begin with. For example, Portfolio Recovery Collection cannot: Threaten you with criminal action: Debt in the United States doesn’t go through the criminal court system.

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Why Buffalo is a hub for illegal debt collectors

Collection Industry News

There are 156 debt collection companies – some of them legitimate, some not – in those two counties, employing more than 3,400 people, according to the state Labor Department. In recent years, authorities have either fined, seized or issued judgments totaling $120.4 million against debt collectors in Western New York.

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A giant US hospital chain says it’s leading the fight against medical debt. Not all patients agree

Collection Industry News

The non-profit hospital system says it has revamped its billing and collection practices and boosted the number of patients who qualify for charity care. But for many patients, the hospital groups moves fall short of taking full responsibility for the years of real-world hardships its billing and collection practices have caused.

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Why would the New York State Attorney General pursue a Debt collection company?

FFGN COLLECT NY

That would include pursuing a Debt collection company that acts deceptively and fraudulently. Some Debt collection companies act wrongly and engage in Fraudulent and deceptive behaviors. Lied about legal action: The companies falsely threatened consumers with legal action, including wage garnishment and seizing property.