DEBT COLLECTOR FACTS THEY DON'T WANT YOU TO KNOW ABOUT

#debtcollection #thecreditrepairshop #debtsettlement

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[black]

Or just tell them its there fault for buying the debt without speaking with you first

[sassholesoutherner]

I was sued by an attorney in an attempt to collect a debt. My husband had lost his job. He got a new one, but we lost $20K in income when he took a new job. Prior to the collection, we took out our 401K because we didn't know when he would find another job and we had 3 small children. I paid for it until we couldn't pay anymore. Even tried to set up a payment plan when the collection company called. They refused to accept anything. I told them to take me to court. I also did some research only to find out that it was a time-barred debt and that I legally didn't have to pay because too much time had passed. However, the company or the company before them was shady and tried to say we made a payment which would have meant it wasn't time-barred. I had to go back through my bank statements and I was able to prove I never made a payment like they said. The attorney they had hired even helped me with the magistrate. The lawsuit was found in favor of me. It is sad though when you keep paying and you try to do the right thing, but they just don't care.

[sevenhornets]

Thank you for not blasting MASSIVE TEXT all over the screen like everyone else does

[godsowndeploy]

And there u have folks .... Amen call the bureaus and tell them to remove the discrepancy.

[aprilcrider]

Some truth to what you state. Now depending on what state you reside in, an attorney can pick up any debt, then goes through the courts and issue a garnishment. I suggest everyone to please pull your credit report from all three bureaus, keep your credit locked also until you need to use your credit and look in the court system in your county. Many people are a victim of identity theft.

[christinalapoint]

It’s also a HIPPA law that u didn’t give your permission for your personal info to be shared so please removed immediately I got 8 taken off buy doing this

[CardConnect]

The thing credit card companies don't want you to know is that your debt is paid as soon as they get your ssn. They are triple billing you

[onzanikkahayes]

If you're being sued by a debt collector, get an attorney that's knowledgeable in the field to fight it for you it's not expensive trust me, I know.

[kenneth]

Yeah, they don't want to spend any money. They just hope you'll comply.

[MorticiaAddams]

Don't ever answer or respond to anything debt collectors send you, unless you're being sued - if you're being sued then answer via the courts. Don't answer their calls either. Don't ever speak to them. If you have to go to court...go and request to speak to the judge. The case will get dropped once you ask to speak to the judge.

[moxune]

Simple and to the point, nicely done.

[gearsofwarxXx]

Here’s a secret - the collection companies buy debt for literally pennies on the dollar. They may buy $5000 debt for maybe $1000. Then they will contact you and say “settle this $5000 debt for only $2500”, while not mentioning if you do they just profited $1500. They wouldn’t be doing that if there wasn’t money in it. Look up your states statute of limitations on debt. If a debt overdue goes longer than the time listed, they can no longer sue you for it. Won’t stop them from continuing to pester you, but they can’t sue. But, if you admit you owe the debt the statute resets. Make sure you never admit ownership of the debt.

[HisDudeness]

I am dealing with such an instance right now. An attorney, in writing, claimed that he had reviewed the debt and its documents for accuracy but when I told him I found a bunch of errors and even someone else's name and address associated with those documents, he got quiet. The case is still pending review and will hear back from the court either May 15 or May 16. I'm hoping the judge will toss this case out on its rear.

[joniwestbrook]

What if you never received a letter and now have just been served by a debt collection company to go to court. Attached is the last bill of the credit card company. How do you handle that?

[eileenjamison]

😲😲😲😲😲😲😲😲😲WOW!! Thanks for letting me know the secret 🤫

[onlyme]

I see some claimed debts are like now on the 6 or 7ths different company claiming they are the owner I say fine then pay it.

[adamzy]

The UK people goes up against this alot, what I learned is that a court clerk must have a signature, otherwise the debt is not legit, but most letters of debts are from bulk centres and not from legit courts of justice

[vinayruhal]

Best is dont let ur bills go to debt collection. If it goes ask them the solution they would tell u that. Its not that complicated as it sounds.

[riazjaved]

I had a default judgement against me. I was negotiating with the bank to pay a settled amount but an attorny in Los Angeles purchased that judgement and put a lean against my property without sending me any notice.

[onlyme]

I get the you are being sued letters. Lol