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 'FDCPA'
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
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
Collection Agency Trying to Get Me to Pay After I Already Settled
May 17th, 2011 · No Comments · Credit Bureaus and Scores, Debt Settlement
Q. After settling w/a collection agency in March of this year, I thought everything was fine. My credit reports were updated a month later showing that the debt was paid. Yesterday, I noticed that the credit bureau is re-reporting the debt as owing. I do have proof of the settlement: the settlement offer letter and [...]
Tags: collection agency·credit bureau·credit report·Debt Settlement·FCRA·FDCPA·reinsertion of information
How the FTC Protects Consumers From Debt Collection Violations [RESOURCE]
April 14th, 2011 · No Comments · Debt Collection
How does the FTC protect consumers from debt collection violations? The answers are outlined in the FTC’s 33rd annual report on the Fair Debt Collection Practices Act (FDCPA) – a long report that I’ve broken down into three blog posts.
Tags: CFPB·Consumer Financial Protection Bureau·debt·Debt Collection·debt collection violations·Fair Debt Collection Practices Act·FDCPA·Federal Trade Commission·FTC
