top of page

5 Scary Facts About Debt Collectors

An interesting article I came across states 5 scary facts about debt collectors.

1. Debt collectors are everywhere. There are thousands of debt collection agencies in the US.

2. Some debt collectors are very disorganized. This includes selling the debt to other debt collectors after you were already issued a 1099.

3. They may not investigate disputes. If you dispute the debt with a credit reporting agency, the debt collectors sometimes do not investigate the dispute, they just delete the disputed account.

4. Some debt collectors violate federal law. Some debt collectors violate the Federal Debt Collection Practi

ces Act.

5. Some of them harass people.

Read the full article here:

Recent Posts

See All

What is cross collateral in bankruptcy?

An example of cross collateral is when you have a vehicle being financed with a credit union and also have a credit card with that same credit union. If you file for bankruptcy under chapter 13, the v

Abogado de bancarrota en Houston

Si estas buscando un abogado de bancarrota en Houston que habla español pues ya lo encontró. El abogado Rashid habla español con fluidez ya que se crío en Puerto Rico. llámenos ahora si necesitas elim


bottom of page