http://www.credit-mechanic.blogspot.com Shawn Reed discusses how to organize your debt to settle for pennies on the dollar. This information is 100% Free. This is Part 1 of a series of videos that will help you repair your credit yourself.
Duration : 0:7:27
In this consumer advocacy video I share information with you that you can negotiate a payment settlement with a debt collection agency. Also, I provide you with the URL to get a completely FREE credit report with no opt in programs or strings attached.
Duration : 0:6:6
The Federal Fair Debt Collection Practices Act protects consumers against the bullying tactics that were once stock-in-trade practices of collection agencies. If you feel you are being unduly pressured. Or are you actually being harassed by a bill collector, the FDCPA offers a simple way to put a stop to it. All you have to do is send the bill collection agency a letter saying that that you will not or cannot pay the debt and you want the agency to leave you alone. Send the letter by certified mail, return receipt requested, so you can be sure the agency receives it. Once you have done this, by law the collection agency may not contact you again, except to say that collection efforts have ended or that some legal action is being taken against you. If a collection agency continues to badger you after you have sent the letter, be sure to keep notes about the offending contacts. Then you should notify your state attorney general’s office you may have a legal case against the collection agency.
Duration : 0:3:53
This video will help you figure out what stage of collection you are in so you can prepare to fight back and win your war on debt (for yourself).
Duration : 0:1:31
Any debt collector or credit agency can sue somebody to collect a debt, but they can’t threaten to sue. Avoid harassment from collection agencies with tips from a financial consultant in this free video on credit cards and personal finance.
Expert: Carrie Kukuda
Contact: www.wearehdtv.com
Bio: Carrie Kukuda has a business administration degree, and was branch manager of a community bank.
Filmmaker: Christopher Rokosz
Duration : 0:1:7
I got a nastygram from American Credit Collections, LLC. out of Scranton, Pennsylvania in the beginning on June, 2007. I immediately called their telephone number and received a series of harassing telephone calls.
This company does not appear to be a licensed debt collector in my state, a class I felony. Additionally, their collection letter threatened post-judgment remedies, “aggressive legal action” and stated they were verifying my employment and attempting to locate ets that could satisfy the debt.
Please note, this debt, if at all legitimate, is way beyond the statute of limitations. Of course, ACC has somehow managed to re-age or otherwise misrepresent the date of chargeoff. According to my records, the account was opened March 24, 1998, last payment May 10, 1999 and charged off on December 20, 1999 for $658.
What follows is fantastic example of the illegal tactics that “fly by night” debt collection companies use.
Be warned.
Update: If you’ve paid these people by credit card or check, I’d love to find out the name on the account they routed the money through. Please shoot me a PM!
Duration : 0:7:41