There has been growing concern over supposed collection agencies that have been calling debtors, typically with regard PayDay Loans or Cash Advance debts that are several years old. These “companies” have titles that are usually a nonsensical string of legal terms, such as ‘Legal Affidavit Processing’ or ‘Litigation Processing Division’. The agents sometimes have thick accents and sound like their phone calls are coming from overseas from outsourced department. These debt collectors often threaten imminent legal action if a payment is not made or if bank account information is not surrendered to them immediately.  Such threats include U.S. Marshals on their way to arrest the debtor or threatening to send the sheriff to arrest the debtor immediately if a payment was not made. In most cases like these that we have encountered, the supposed “company” in question turns out not to be a company at all, but a scam.  Occasionally, this may be an actual debt collector violating the Fair Debt Collection Practices Act, which we may be able to pursue under the FDCPA. If you receive phone calls of a similar nature, with agents demanding payment or bank account information, DO NOT give these companies anything without documentation or proof that you owe the debt. Obtain as much information about them as you can (company name, phone number, address, etc.) Report their number, the address where they want you to send the money and phony company name to the FBI, the FTC, and the BBB. You should also submit a Free Case Review via our homepage www.fairdebthelpers.com in the event that this is a legitimate debt collector, so we can pursue them under the FDCPA.

Jonathan H.

While I realize that I have a lot to discuss regarding collection agency harassment, I am going to take a quasi new direction on the blog.  Starting immediately, I will start publishing some posts written by my current employees.  These posts will give credit to their respective authors at the bottom of the post.  Fear not, I will continue to blog as well.

Jeffrey S. Hyslip

So, you’ve spent more money than you anticipated spending during the holiday season.  You have a couple options if you have spent more money than is coming in.  First, you could let the bills go into default and eventually they will be passed onto a collections agency.  You could refuse to pay the bill once a collection agency receives it hoping that they will violate federal law and you will recover money from my law firm.  However, its likely that the money that you will recover will be much less than the damage that you’ll be doing to your credit health.

Your other option is Bankruptcy.  I have a lot of clients of mine where myself or one of my Attorneys are forced to have a difficult conversation with them.  Just because I’ve been able to win them money for the harassment that they have experienced doesn’t help their debt situation; its only a band-aid.  I often speak with my clients and discuss how they ended up defaulting on a particular account.  The most frequent answers are job loss, divorce, or unexpected medical bills.  If one of their bills have been turned over to a collection agency, its likely that they have other bills that are past due as well.  Many people are psychologically adverse to bankruptcy and tend to tense up when I begin to discuss it with them.  Bankruptcy is an ideal, once and for all, solution to dealing with debt collectors; it forces them to go away.  Although I love repeat clients, I care more about my clients’ financial health.  As such, if you haven’t considered it before; think about Bankruptcy.  Log on to www.legalhelpers.com and learn more about Bankruptcy.  Call one of our bankruptcy specialists and get your questions answered.  There is a saving grace out there; all you need to do is take advantage of it.

Jeffrey Hyslip

Join Fairdebthelpers on Facebook

http://www.facebook.com/home.php#/group.php?gid=41354809889&ref=nf