MyDebtBusters.Info

12/06/2010

Decision Making Balance Sheet: Mr. and Mrs. Debtor’s monthly
income had been severely impacted when his pay was reduced, and his wife lost
her job. This put them in a whole new financial world they had to come to grips
with, and they decided to do it one step at a time. 1st they
determined the amount of their new net monthly income, which included Mrs.
Debtor's unemployment compensation. http://dld.bz/99qd

11/23/2010

Debt consolidators: are they a good answer to
debt collectors? These companies are privately owned; a prudent person
would deem their fees for a service that one can actually do on
their own, to be usurious. Debt consolidators don’t care about you, your
family, or your financial situation; they’re only interested in your money, and
they will do all they can to convince you to use their service. http://dld.bz/5EXQ

11/23/2010

Is bankruptcy the answer to debt collectors?
Bankruptcy attorneys won’t file your request for a bankruptcy until you pay
their fee, and like a debt collector they don’t care about you, your family, or
your financial situation. There are numerous, less expensive and more palatable
options to handle debt, other than thru consumer credit counseling, paying debt
collectors or filing a bankruptcy. http://dld.bz/5EXQ

Help for people who are behind in their credit card payment due to circumstances beyond their control; help to stop the collection calls, stop debt collector “Other Remedies,” and to defend and defeat a summons to appear in court regarding a petition for judgment of a creditor’s claim.

11/23/2010

Credit card companies support non-profit
Consumer Credit Counseling Companies; what does that tell you about these
counseling companies? If they’re supported by the credit card companies you
owe, are they working in YOUR best interests, or in the best interests of the
credit card companies? http://dld.bz/5Fe8

11/09/2010

There is a relatively unknown, non-traditional
alternative to solve debt collection issues; it’s a comprehensive course that
teaches tactics people have successfully used to defeat debt collection attempts,
which includes “additional remedies,” a ploy debt collectors like to use as a
scare tactic in their collection letters. http://dld.bz/5EXQ

11/09/2010

What does a person do if they cannot make their monthly
their credit card payments without jeopardizing their family’s necessities, such
as adequate food, clothing, shelter, etc.? They have several traditional options
to stop the collection calls; Consumer Credit Counseling; Debt Consolidation; or
bankruptcy, but each of these options has significant drawbacks. http://dld.bz/5EXQ

11/09/2010

When a person who has credit cards, falls on
hard financial times due to circumstances beyond their control, the debt collection
calls will begin. Calls from the original creditor are typically friendly in
the beginning, and progressively get more demanding as time passes by, and they
get downright unfriendly as the 180th day of delinquency approaches. http://dld.bz/5EXQ

Help for people who are behind in their credit card payment due to circumstances beyond their control; help to stop the collection calls, stop debt collector “Other Remedies,” and to defend and defeat a summons to appear in court regarding a petition for judgment of a creditor’s claim.

11/09/2010

What is a proper definition of the debt collection
company? An opportunistic, scourge of the earth entity that preys upon people
who are down on their luck, and employs hard nosed bullying tactics to get them
to pay.

11/09/2010

What is a proper definition of the debt collection
company? A company that purchases from a creditor an uncollectible debt at
pennies on the dollar, and they typically add additional penalties on top of
the penalties already added by the original creditor; then they pursue their
collection remedies, and it’s not always done in accordance with the Debt
Collection Fair Practices Act rules and regulations.

11/09/2010

The type of debt collection company Wikipedia describes,
will act on behalf of a creditor to collect debts owed that are less than 180
days delinquent. According to Generally Accepted Accounting Principles (GAAP), once a
debt attains a 180-day delinquent status, the account is typically written off
and sold in the marketplace to the highest bidder, and those bitters happen to
be debt collection companies.

11/09/2010

Wikipedia’s definition of a debt collector: A
collection agency is a business that pursues payments on debts owed by
individuals or businesses. Most collection agencies operate as agents of
creditors and collect debts for a fee or percentage of the total amount owed.