Q. I owe Capital One $8,000. I have been contacted by Nelson, Watson & Associates to collect on my Capital One debt. I offered them $2500, more than 25%, but they rudely refused and said they want payment in full. They also have threatened to sue or take me to court. My husband was unemployed [...]
Entries Tagged as 'cease and desist'
I’m Being Threatened with a Credit Card Lawsuit
January 25th, 2011 · 4 Comments · Legal Stuff
Tags: cease and desist·community property·Debt Settlement·Fair Debt Collection Practices Act·get a judgment·legally sue·settling debt·sued for debt
I’m Not Sure What to Say In My Letter to a Collection Agency
November 17th, 2009 · 4 Comments · Collection Agencies
Many people know they need to respond to a letter or phone call from a collection agency, but they might not know exactly what to say. In general, it’s not usually a good idea to speak to a collection agent when they call, let alone respond to a letter over the phone. This leaves the [...]
Tags: cease and desist·collection agency·Debt Settlement·Debt Validation·debt verification·FCRA·FDCPA·investigation request·junk debt buyer·negative listing
Do Collection Agency “Cease and Desist” Letters Prevent Response to Credit Disputes?
July 10th, 2009 · 5 Comments · Collection Agencies, Legal Stuff
The FDCPA was written with an eye towards protecting consumers from collection agency harassment. Under the FDCPA, a collection agency must cease communication with a consumer upon written request from that consumer. Under the Fair Credit Reporting Act, consumers are allowed to directly dispute negative listings with information furnishers. An example of an information furnisher [...]
Tags: cease and desist·collection agency·Consumer Debt·consumers·credit disputes·credit report·FCRA·FDCPA·FTC·information furnishers·investigation request·written request
