Before settling on any old debt, check the statute of limitations on your debt.
Entries from November 17th, 2011
Beware of Debt Settlement with Junk Debt Buyers
November 17th, 2011 · No Comments · Debt Settlement
Tags: bad debt buyers·debt·debt buyers·Debt Settlement·Junk Debt Buyers·settling debt·Statute of limitations·zombie debt buyers
Post Credit Repair: Rebuilding
November 16th, 2011 · No Comments · Credit Rebuild
Once negative listings on your credit report have been addressed, it’s time to work on rebuilding your credit. And that means adding on new credit accounts.
Tags: authorized user·credit·Credit Bureaus·credit rebuild·Credit Repair·Credit Score·creditors·installment loans·rebuilding your credit·secure credit cards·store cards
I Wrote a Collector and Asked Them to Stop Collection Efforts and They Didn’t. Now What?
November 15th, 2011 · No Comments · Collection Agencies
Q. I sent a cease and desist letter via certified mail on 10/06/2011 to a collection agency stating: “I request that you immediately CEASE and DESIST in your efforts to collect on the above referenced account (see letter attached). It is my personal policy not to deal with collection agencies and I will only deal [...]
Tags: cease all communication·cease all contact·Cease and Desist Letter·collection agency·Fair Debt Collection Practices Act·FDCPA
What You Need to Know About Threatening Bankruptcy to a Creditor
November 14th, 2011 · No Comments · Debt Settlement
If you tell a creditor you’re considering bankruptcy, assume they are recording the conversation. Here’s why.
Tags: Bankruptcy·collection·creditor·creditors·debt·Debt Settlement
