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Archive for 'Debt Collectors'
Debt Collector Attempts to Collect a Debt Past the Statute
The following is a recording of a phone call with debt collector NCO Financial who was attempting to collect on a debt more than thirteen (13) years old. It was recorded after the debt collector made various phone calls and...
Read MoreAbusive Voicemails Force Debt Collector to Pay $1.5 million
A jury in Texas handed down $1.5 million in punitive damages against a collection agency that was caught on tape leaving abusive and racially charged messages while attempting to collect a debt. Watch the video below for details: Are you...
Read MoreNew Treasury Rules to Protect Federal Benefits
The Treasury Department is releasing new rules preventing banks from seizing Social Security and other federal benefits from customers facing debt collectors. Federal law prohibits creditors from taking Social Security to recover a debt, but the law doesn’t say how...
Read MoreTop 8 Complaints About Debt Collectors
The FTC is trying to educate consumers about what practices are illegal and what they can do about them. From this effort, they’ve compiled the top eight consumer complaints about illegal debt collection practices: 46.5% said debt collectors called continuously...
Read MoreLaw Suits Piling up for Debt Collectors
Debt Collection Attorney Craig Kimmel is featured in this story from the Concord Monitor detailing the aggressive tactics that debt collectors employ to collect on debts they purchase for pennies on the dollar. Consumers reported being harassed and threatened. They...
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