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Do debt collectors ever stop? What delinquent borrowers should know
Debt collectors rarely disappear on their own. Old balances can be sold, resold, and pursued in different ways for years, ...
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Zombie debt: What it is and how it works
Zombie debt refers to old or expired debts you’ve either forgotten about or never knew about that debt collectors try to resurrect and collect. The most common types of zombie debt include discharged ...
With federal oversight in retreat, deep-pocketed collection companies are aggressively pursuing down-and-out consumers who are struggling with record levels of credit card debt. Meanwhile, consumer ...
Most business owners who invoice customers for goods or services will encounter the occasional late payment. However, if a customer’s invoice due date has come and gone and you can’t get a firm answer ...
The fake debt collector scam has been around for at least two decades. It’s resurfaced now with a frightening vengeance. With this scam, the operators claim to be collecting a debt that they say you ...
The Federal Trade Commission’s first “Debt Collection Dialogue” took place Monday afternoon in Buffalo for a reason. There are around 4,700 debt collectors employed in the Buffalo Niagara region, and ...
If you’re overwhelmed by credit card balances, personal loans, and mounting interest, you may be looking for more than a temporary fix. Debt settlement is one strategy that can help people in real ...
Could your debt be reduced or forgiven? Take our financial relief quiz. Debt collection happens when you fail to repay a debt you owe, such as credit cards and personal loans. The debt collection ...
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