Q. Can a collection agency file a 1099-C on a debt that the statute of limitations has ran out on? Any help would be appreciated – they’ve been calling, and threatening to file. A. Your question brings up two points a) can a collection agency continue collection efforts after the statute of limitations has run [...]
Entries Tagged as 'Debt Settlement'
Debt Past Statute of Limitations and Collection Threatens to Issue 1099-C
December 27th, 2011 · No Comments · Collection Agencies
Tags: 1099-C·collection agency·Debt Settlement·FDCPA·FTC·IRS·State Attorney General·Statute of limitations
Get Personalized Help in Forums on Credit Repair, Debt and More
December 23rd, 2011 · No Comments · Credit Repair
There comes a time when the best advice is that garnered from a one-on-one, interactive conversation. So if you haven’t already, please visit the forums at CreditInfoCenters.com.
Tags: Bankruptcy·collections·credit·Credit Bureaus·credit forum·Credit Repair·credit repair forum·Debt Settlement·Debt Validation·Legal Issues
Should I Tell a Collection Agency I’m in a Debt Settlement Program?
December 13th, 2011 · No Comments · Debt Settlement
Q. My American Express account just went to a collection attorney. I also just enrolled in a debt settlement program to deal with this debt. The debt settlement program attorney states they will not make an offer until I have accrued at least 20%. I plan sending a letter to the collection attorney validating the [...]
Tags: Attorney·being sued·collection agency·Debt Settlement·debt settlement guide·Debt Validation·lawsuits
My Car Repossessed and I Still Owe Money?
December 6th, 2011 · No Comments · Debt Settlement
Q. Creditor retained attorney to collect debt from a surrendered car. Deficiency balance? I have 30 days to respond with a validation request which I’m doing. My question is what if all is validated from attorney? What is the next thing thing to expect in their reply? Are they going to proceed with court action? [...]
Tags: Attorney·auto loan·car payments·creditor·Debt Settlement·Debt Validation·repossession·unsecured loan
