Before settling on any old debt, check the statute of limitations on your debt.
Entries Tagged as 'Junk Debt Buyers'
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
What is a Reasonable Settlement Offer on a Repossession?
June 28th, 2010 · 2 Comments · Auto Loans, Debt Settlement
Q. What is a reasonable offer when trying to settle a $7000.00 debt? My husband and I owe on a voluntary repossession from almost 5 years ago (shame on us I know) and we want to negotiate with them so that we can buy a house. We aren’t sure what cash offer we should offer [...]
Tags: auto repossession·charged off as bad debt·credit report·debt settled for less than owed·Debt Settlement·Junk Debt Buyers·statutue of limitations
Being Sued but “Judgment Proof” – Do I Need to do Anything?
October 12th, 2009 · 5 Comments · I'm being sued!
Many people who receive a notice of a pending lawsuit for defaulted credit card may have heard that the opposing party can’t win because they are “judgment proof”. This question comes up all of the time – “I’m being sued but I’m judgment proof – do I need to do anything?” The answer is definitely [...]
Tags: assets·collection agencies·consumer·garnishment·judgment·judgment proof·Junk Debt Buyers·lawsuit·summons·Unrealistic Expectations·writ of garnishment
Shopping for a Consumer Attorney if You Are Sued by a Creditor
June 23rd, 2009 · 5 Comments · I'm being sued!, Legal Stuff
Credit card companies and junk debt buyers have turned to the courts with a vengeance as a method of collecting past due debts. I always recommend that people hire a lawyer when facing legal issues, if at all possible. Unfortunately, in the area of consumer law, there are very few attorneys who know the Fair [...]
Tags: civil cases·consumer attorney·Credit card·Fair Credit Reporting Act·Fair Debt Collection Practices Act·Junk Debt Buyers·jury trial·lawsuit·naca.net
