How much on the dollar does creditors usually settle old debts for?

If the SOL has truly run, then the creditor (debt buyer) has no leverage to use the courts as a means of collection, therefore aside from an...

Debt Collection: Under FDCPA, how is it possible to prove phone call violations if I can't record the calls?

In the era of smart phones, take "screenshots" or "screen captures" of your call log. You can Google what array of buttons to press on your phone...

Do you owe a debt,where the business was gone for 12 years,but now is back,trying to collect on a bill 12 years old.

Mr. Ellis is on point. Statute of Limitations is 4 years in California. If you haven't paid on the debt for 12 years, yes, you still owe it and...

I want to answer to a summon i got from a credit card i do owe the account...

If you can afford to file an answer, then it's worth consulting with an attorney. Filling an answer on your own when you don't know what you're...

You should take up a free consult with a debt attorney in your area. They will give a in depth analysis as to whether bankruptcy or possible...

I filed CH 7 BK in July 2013, discharged Nov 2013. I had a refund from the IRS from 2012 and they kept and applied it to 2005 .

Sorry your BK attorney is helping you beyond your discharge on a basic question. Since you filed for BK in July 2013, any tax refunds from 2012...

Once a hospital sends me to a collection agency, is my credit rating automatically effected?

Consider consulting with a debt settlement attorney to negotiate the balance of your medical bill down. If you have significant other debts, it is...

Collecting debt: court and sheriff.

Do you know where the defendant works? If so, there is always the option of wage garnishment.

If a cash advance is charged off can a collection agency still collect on the cash advance or threaten to take you to court

As the other attorneys have stated "charged off" does not mean you no longer owe the debt - it simply means it cannot be considered an "asset" for...

What should i do? My wages are being garnished. It was a default judgment because i was not present at the court hearing.

Assuming you vacate the default judgment, it essentially re-opens the case and you will have to go defend the case - do you have a defense that...