So what can you or should you do when a creditor or debt collector calls you? 1. Take the call! Not taking the call is just going to escalate calls coming from an auto dialing machine and who wants... more
The Arkansas Supreme Courts decision in LVNV Funding LLC v. Rae Nardi gives consumers another line of defense against unscrupulous debt collectors abusing the court system in Arkansas. In its four-... more
Asset Acceptance is a purchaser and collector of charged-off consumer debt. Asset Acceptance is whats commonly known as a junk-debt buyer. A junk-debt buyer purchases delinquent or charged-off debts... more
The economy is tough. We all know that. It has led many debt collectors to ramp up their collection business, and it's not surprising that sometimes, they can get a little sloppy.
We get several... more
On Friday, November 30, 2007, an Orlando jury entered a $2.9 million verdict against Equifax and in favor of Angela Williams after five days of testimony. The plaintiff was a consumer whose credit... more
There you are, in the hospital, you come out of surgery hoping to see your loving family there to support you, but instead a debt collector is there asking you when you are going to pay your bill! It... more
Some people are under the mis-impression that if a creditor reports to a credit reporting bureau that a debt has been charged off that the creditor (or assignee of the creditor) can no longer collect... more