The government screws a lot of things up. But, sometimes they actually make things easier for consumers. Its not often, but sometimes it happens! The Fair Debt Collection Practices Act is one of those times – mostly. The FDCPA requires…
Posts Tagged With: NCO Financial
California Debt Blog: Do not fall for the threat that you will be arrested
This drives me crazy. I probably get this call more than any other call. Someone calls me and they tell me that a debt collector called them and threatened to have them arrested. Or they call and they tell me…
California Debt Blog: Debt Collectors Cannot Contact You After You Tell Them to Stop
No one likes to receive a call from a debt collector. Debt collectors, for the most part, are annoying and bothersome. They are rude and have no problem harrassing people in an effort to get paid. But there is a…
California Debt Blog: Debts Canceled by Bankruptcy Still Mar Consumer Credit Scores
This is a scary story from the New York Times. You think zombies are just on bad tv shows and in movies. But it turns out, that there are zombies in real life: zombie debts, at least. Here is the…
California Debt Blog: Debt Collectors Cannot Reveal Your Debt to Other People
We have all had it happen: you owe someone money, a debt collector calls your house, and they tell your spouse, your kids, or your parents that you owe money. This can’t be okay, can it? Generally, third-party contacts for…
California Debt Blog: A Debt Collector Cannot Demand More Than is Owed
What do you do when a debt collector says you owe $10,000 but the documentation shows you owe less? You tell them that they are violating the law. Yes, it is true. The Fair Debt Collection Practices Act and the…
California Debt Blog: A debt collector may not call you at work – usually
A debt collector will generally call you at home. Why? Because that is the number that was listed when you opened the account. But, sometimes, if you are really unlucky, they will call you at work. Are they allowed to…
California Debt Blog: Debt Collectors Fail To Validate Debts
So lets say you are sitting at home one day and you check your mail. You have a letter from ABC Collection Agency. ABC says that you owe them $2,500 and that you need to send them a check. You…
California Debt Blog: Aggressive Debt Collection Tactics Continue
I previously wrote about Jim Puzzanghera of the LA Times and his a great story on debt collection tactics. Jim’s first paragraph tells the story of most people these days: “Hard economic times have helped push millions of Americans deeply…
California Debt Blog: FAQ: My debt has been “charged off.” Do I still owe the debt?
Question: My debt has been charged off on my credit report. I read that I do not owe the debt once it is charged off. Do I still owe the debt? A: YES. Is that clear enough? You still owe…