Comments on: Dealing with Collection Agencies- Tips on Handling Collection Agencies

By: Should you negotiate your credit card debt or hire someone? | credit card debt, debt management, credit card financing

Fri, 13 Apr 2012 14:00:46 +0000

[...] Investing vs Paying Credit Card DebtDo-It-Yourself Negotiation of Credit Card DebtNegotiate Credit Card DebtCredit Card Counseling Debt Consolidation – Answers To Your WoesDebt Settlements For Small Businesses – How to Get the Best Debt SettlementsDebt settlement isn’t usually the best optionConsumer Proposal OntarioWWW.ARTIKELSCHRIJVEN.NETDealing with Collection Agencies- Tips on Handling Collection Agencies [...]

By: Eddie Edwards

Eddie Edwards — Mon, 22 Aug 2011 21:41:04 +0000

When paying a debt should I give the company my routing number to my bank account to take out payments every month?

By: Elena

Elena — Thu, 11 Aug 2011 17:51:11 +0000

Hi. My husband had a bank account that was closed on his request. After about a year, a collection agency put a posting on his credit report. When he found out that this was the amount they were collecting for the outstanding charges after the account was closed, he negotiated the settlement and made the payment. We got receipts and release form. About a year later the same collection agency contacted him again asking for more money. They are quoting the same bank but different reference number without providing the actual account number. Since he only had one account, we are assuming they are collecting the difference from the settlement. We’ve sent copies of the receipt and release form and asked them to provide more details twice. Did not get any response back but still getting the calls almost on the daily basis. Now we are thinking of changing a phone number just to stop these calls. I understand that by statute they can’t collect the same debt after the settlement was made. Do you have any input on this?

By: steve

steve — Tue, 08 Feb 2011 01:16:18 +0000

In 2000 my mom got me a Visa she co-signed…. after 3 years I moved out, but gave her the card back. No owings. My father used it, and got it to $10000. Feb 4th 2011 A creditor has a claim against me from the bank, and Court. That I owe 10G. How do I go about this? Limitation?

By: Bobbi

Bobbi — Tue, 28 Sep 2010 14:54:52 +0000

Over the last few years my father was alive and certainly since his death, my mother has used her credit to help with the expenses associated with Dad’s long battle with Alzheimer’s and then to make up the short fall in her income (it was cut in half after Dad died in 2001). When her cards were maxed out, she repeatedly used the equity in her home to pay them. I am not attempting to justify this, but neither can I excuse the behavior of a bank that would knowingly lend an eighty year old woman who was clearly losing her faculties and living on social security, seventy five thousand dollars on a first mortgage, twenty five thousand on a second mortgage and then supply her with a series of credit cards that had as much as a twenty thousand dollar credit limit. Her latest credit card account has been turned over to a collection agency and there is no place left to borrow. They are demanding a lump sum payment of the 12,400.00 owed or the balance split into three payments… neither of which is possible for her or for me. What is the best course of action to take and does the law provide legal recourse to take action against a lender if we believe their lending practices to be unethical? She lives in North Carolina and I am concerned that she will lose her home.

By: 10 Things Debt Collectors Are Not Allowed To Do

10 Things Debt Collectors Are Not Allowed To Do — Tue, 03 Aug 2010 10:32:39 +0000

[...] sure that you are aware of the fact that debt collection agencies are not allowed to do the following ten [...]

By: Economy and Your Finances Carnival August 30 2009

Economy and Your Finances Carnival August 30 2009 — Fri, 21 May 2010 00:29:07 +0000

[...] @ Financial Highway presents Dealing with Collection Agencies- Tips on Handling Collection Agencies posted at Financial Highway, saying, “Sometimes bad things happen to good people and find [...]

By: Saving a Dollar » Blog Archive » The Dreadful Bill Collector – How to Handle Them: Million Dollar Journey

Sun, 10 Jan 2010 18:43:38 +0000

[...] emergencies arises and we start missing payments which eventually reaches a collection agency. Dealing with collection agencies is not always the first choice or a pleasant encounter; collection agents have a reputation of [...]

By: Carnival of Financial Planning – Edition #104 – August 28, 2009

Carnival of Financial Planning – Edition #104 – August 28, 2009 — Wed, 16 Dec 2009 04:54:10 +0000

By: Ali Norouzi

Ali Norouzi — Fri, 30 Oct 2009 00:20:45 +0000

Hi
My name is Ali and more than 10 years ago I recived tiket for selling HOTDOG in the city propert and not having licence to sell food. (about 1700.00)
and now I reciving call from colection agency regarding my tiket, he is telling me : CIty is owne by CROWE (E2) and there is no statute limitation, But I do NOT see any thing in my cradit report.
What should I do? Who sould I belive?
Ali Norouzi
North Bay, Ontario