Dealing with debt collectors

Since the Consumer Financial Protection Bureau started it’s slowly broadened its scope addressing issues with additional financial products. When a consumer runs into financial issues and can’t pay their bills, debt collectors begin their calls. Debts are often sold to third party’s, and collection efforts can be intense. To make sure you are not taken…

Debt collection when someone dies

While you may think you would never pay a bill you don’t owe, think again. Debt collectors are threatening and don’t care about your circumstances, so imagine how you would react if one called you demanding payment right after your loved one died. Would you pay it to get them to leave you alone? You…

Stopping debt collectors

It’s a call that won’t go away for a Northeast Ohio woman. She says debt collectors are calling her for a debt she doesn’t owe. It’s a common problem, and an increasing complaint to the Federal Trade Commission. Debt collection, in general, is the number one industry complained about to the FTC. Whether you owe…