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 'State Attorney General'
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
FTC Not Acting on Individual Consumer Complaints. Where Should I Report Shady Collection Agency Practices?
October 25th, 2011 · No Comments · Consumer Info
Q. We have nowhere to complain about debt buyers/collection agencies now? I just submitted a long complaint to the FTC and they sent me an email telling me that they were shipping it off to “Consumer Sentinel”. This place is accessible ONLY to law enforcement agencies, who have nothing to do with civil matters. I [...]
Tags: collection agency·consumer complaint·Consumer Sentinel·FTC·State Attorney General·state consumer complaint division
Banks Offer 5 Billion Dollars to Stop Foreclosure Investigations
May 13th, 2011 · 1 Comment · Mortgages
Banks are crying uncle under the weight of federal and state probes and offering up a 5 billion dollar settlement offer to stop the investigation of illegal foreclosure tactics. The same folks who spawned the creation of the term “robo-signers”, the banks are offering the settlement to avoid two dreaded outcomes: participation in a federally-mandated [...]
Want Chase to Charge “Late” Fees? Make Your Payments Early
January 28th, 2010 · 6 Comments · Consumer Debt
I really didn’t think lending practices could sink any lower. We’ve had First Premiere charging 79% on credit cards, universal default (your other credit cards raising interest rates if you pay late on someone else), transaction sorting and outrageous overdraft fees. I just read two posts on the consumerist about readers who wrote in complaining [...]
Tags: Chase Bank·credit card statement·Credit Cards·FTC·Grace Period·lete fees·mortgage payments·payment cycles·State Attorney General
