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Recent Questions and Answers
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Recent Debt Collection Service News:
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The FDNY wants to recover some of the $50 million lost on ambulance fees each year by selling its debt to a collection company, the Daily News has learned. The department rakes in about $170 million a year by charging patients for Emergency Medical Service ...
As the Associated Press has reported, the IRS filed nearly 1.1 million tax liens in the 2010 budget year, up 14 percent from the previous year—and tax liens are automatically filed if the tax debt exceeds $5,000, unless a collections supervisor approves ...
Bankruptcy may be presented as a painless way for states to walk away from bad fiscal management ... to take a substantial haircut and bear the cost of state and municipal debt restructuring. Pension fund and other state "obligations" are exactly that ...
It wasn't until years later that I found out the collector broke quite a few laws. According to the Fair Debt Collection Practices Act, third-party collectors are prohibited from saying they are going to sue, unless that's really their next step.
Not only will a garnishment look bad on your credit report, it will also cause headaches for your employer to administer. Once you have a spending plan you’ll know how much you can afford to pay. Then you can contact the collection agency again and let ...
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