Credit Counselor, Debt Recovery and Garnishment

What Happens if you Ignore a Debt Collection Agency

Nexa Collect

JUNE 21, 2023

This can lead to wage garnishment, bank levies, or liens against your property. Wage Garnishment and Asset Seizure : If a judgment is entered against you, the creditor may be able to garnish your wages, levy your bank accounts, or place liens on your property, depending on the laws in your jurisdiction.

Collection Agencies

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Impact of Debt Collector’s Call on the Debtor

Nexa Collect

JUNE 23, 2023

Negative Impact on Credit Score : If the debt is not paid, the debt collector might report the delinquency to credit bureaus, which can have a negative impact on the debtor’s credit score. Loss of Privacy : Frequent calls from debt collectors can feel intrusive and may lead to a sense of loss of privacy.

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What Happens if you Ignore a Debt Collection Agency

Impact of Debt Collector’s Call on the Debtor

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