Debt Free Colorado

FEBRUARY 21, 2022

In this article we will answer the question: What can debt collectors do to you? Does Colorado Law Protect Me From Debt Collectors? 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.

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Taurus Collect

JANUARY 2, 2023

A collection account is a debt turned over to a third-party debt collector or a debt collection agency because the borrower has failed to pay it as agreed. What is the difference between a collection account and a charge-off account? A collection account and a charge-off are two different things.

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Credit Corp

JULY 20, 2020

Once your debt is charged off, your creditor will send a negative report to one or more of the credit reporting agencies. It may also attempt to collect on the debt through its own collection department, by sending your account to a third-party debt collector, or by selling the debt to a debt buyer.

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