Isn’t the statute of limitations for debts 7 years? I have a collection agency calling me several times a day and the debt is coming up on 7 years old. I refuse to pay it because it’s from a video store that says I didn’t return a movie. It never happened. I disputed the debt ...
I was unemployed a few years ago and most of my debts went to collections. The only accounts that I kept current were 2 credit cards and a small personal loan. I have a job now but my hours were cut due to the recession so I don’t make enough money to pay the collection ...
I don’t understand how collection agencies work. After a collection agency fails to collect a debt, do they just sell it to another collection agency or does it always go back to the original creditor? More Credit Debt Advice How can I find out if a collection agency is licensed to collect in Michigan? | ...
After graduating from college I was unemployed for about six years. During this time I was unable to pay all my credit card bills so they went to collection agencies. I continued making payments on some of them, but on others the statute of limitations has run. I am now able to pay off these ...
I got a copy of my credit report and I sent letters to the various collection agencies asking them to verify these debts. Three of the letters came back as undeliverable. I would like to start repairing my credit but I don’t want to send money to agencies that either no longer exist or no ...
I have a few of small collections on my credit report that I’d like to take care of, but it only shows the name of the collection agency and a partial account number. How do I get the contact and account information for these collection agencies so I can pay them off or dispute them ...
Debt Consolidation can help you avoid filing bankruptcy, eliminate creditor harassment, lower debt payments by up to 50% and provide one monthly payment. Once you’ve found yourself in debt it may feel like a downward spiral from which you don’t know how you’ll ever regain your footing. It’s hard enough to find simple answers and ...
Once an account is sold to the collection agency, how soon does it get put on your credit report and is it possible to prevent it from happening with all agencies. I know it’s possible, because I’ve done it before. A few month ago I had an account go to a collection agency and I ...
How do the collection agencies know when you open a new bank account? Each time I open a new one they seem to find out? How do they get this information and what can I do to offset it?” More Credit Debt Advice Successful Debt Collection | Articles Directory – Submit Articles Free Opening New ...
I have some medical bills from this year that I paid off. Now, out of nowhere, they’re saying I owe $300, so I fax them the proof that I paid and they still won’t do anything. I called the medical place to see if I missed a payment and they said no. So my question ...
Why do businesses have collection agencies handle their collections? Is it because they don’t have the time to deal with collections themselves? Is it not that big of a deal so they just sell the debt to someone else? Or is it so the business can hide behind the fact that the collection agency was ...