Debt Removal Secrets
Does Debt Removal Secrets Work For Business Debts (LLC, Corporation, Etc.)
The FDCPA applies only to the collection of debt incurred by a consumer primarily for personal, family, or household purposes. It does not apply to the collection of corporate debt or debt owed for business or agricultural purposes. Despite this ...
The Account Is CLOSED But No Debt Collectors Have Contacted - What Next?
If 90+ days has passed and the original creditor has closed the credit account, it will immediately be sold to debt collectors. Be aware, it takes debt collectors time to initiate a collection process as they purchase "bulk debt bundles" and have a ...
Can Anyone Go To Jail From Unpaid Debts
The Bill of Rights under Section 20 of Article III of the 1987 Charter states that, “No person shall be imprisoned for debt,” which means debt collectors won’t be able to send one to jail for not being able to settle a debt.
What If The Debt Is Private & Doesn't Report to Credit Bureaus
The wet-ink argument is all that exists for private debts that do not report to credit bureaus. If the creditor did not sell the note to the Federal Reserve, a debt collector or fund the loan with outside assets - it remains private. Virtually all ...
Does This Work For Federal and Private Loans
Does the loan report to the credit bureaus, if so the debt can be removed.
How To Get The Same Credit Card After The Debt Removal Process
To open THE SAME CREDIT CARD with the original creditor, a lawsuit must be brought against the third-party debt collector. The debt collector will then send a notice to the banking bureaus, credit bureaus and original creditor that the debt no longer ...
Is There A Recommended Date Format To Be Used
Multiple products will ask one to place a date. Wherever the user is located (i.e. United States) the generally accepted date formats should be used (i.e. Month/Day/Year).
Can This Remove A Mortgage / Home Loan
Debt Removal Secrets will not work if one still possesses the home. A home is considered a secured debt because an asset can be seized. If the the home is no longer in one's possession, the debt / derogatory mark itself can be removed from the credit ...
Can This Remove A Car Loan
Debt Removal Secrets will not work if one still possesses the vehicle. A vehicle/home/boat is considered a secured debt because an asset can be seized. If the the car is no longer in one's possession, the debt / derogatory mark itself can be removed ...
Can Debt Removal Delete A Student Loan
Yes, Debt Removal Secrets can remove student loans. It does require more effort than the typical debt (credit cards, bankruptcies, medical bills, etc.); so be prepared to go through the program 3-4 times (sending letters, filing a case, withdrawing ...
Can This Remove A Bankruptcy
Yes, Debt Removal Secrets can help remove bankruptcies from one's credit reports quite easily. There is ALWAYS something wrong with the credit bureaus reporting (names, dates, amounts, name of court, etc.). The best option is to make the credit ...
What If The Original Creditor Still Has The Debt or Shows On The Credit Report
If the debt has been "discharged" or shows something similar on one's credit report, the debt note has been sold to a third-party debt collector already. While the debt collector may not have reached out to collect the debt yet, one may still send a ...
How Does One Stop A Collection Agency From Harassing Calls
The way to stop a collection agency from calling/harassing is to ask for proof of validation. A collection agency may not contact a debtor until this validation (and verification) process has been completed. If a collection agency continues to call - ...
How Long Until An Account Goes Into Collections
91 days is the typical account turnover to a third-party collection agency after payments have stopped. At that moment, the original creditor has sold the debt note to another party.
Is It True That A Debt Collector Must Respond in 30 Days
This is actually false. The 30-day requirement is placed on consumers. While a consumer must send a validation request within 30 days of the first collection letter that contains the 30-day notice, a debt collector can take as long as he chooses to ...
Can One File In Small Claims Again For The Same Violation
Yes, if one has entered a Motion to Dismiss Without Prejudice as the Plaintiff, the ability to re-file again is always available. There are many reasons to dismiss and file at a later time: to collect more information, build a case, obtain proper ...
The Debt No Longer Shows In All Reporting Bureaus But Creditors Still Shows Balance & Account - Should One Take Creditor To Court
No. There are no damages according to FDCPA. The opportunity to get another account with that organization may not be presented now; however, the debt is gone for all public concerns.
State Statute Says Banks "Exempt" As Collection Agency - What Now
In states that have this statute, one cannot file under state statutes against a bank [original creditor]. Federal statutes like FDCPA are still available.
Can One Remove A Criminal or Civil Penalty from IRS/Gov.
Often bankruptcy is what an attorney will suggest and this is a valid route with extreme amounts of debt, but the debt removal system works EVERYWHERE a bankruptcy does. Whether one can eliminate (discharge) a government fine, penalty, or ticket in ...
What If Someone Is Trying To Deliver Service Of Process (Serve A Lawsuit)
If the process server is attempting "scare tactics" - with enough confidence (and never identifying oneself or age) - the server can be told to leave the property or area for disturbing the peace. Do not answer any other questions, do not engage in ...
What Is SkipSmasher & Can Anyone Use It
SkipSmasher is a service to track down individuals who may be "laying low" to avoid service of process. It is ONLY allowed for use by 1) Private Investigative Agencies, 2) Registered Process Servers and 3) Repossession Companies. NOTE: To use this ...
How Often Are Debts Invalidated Without Going To Court
The report states: "The information submitted in the study further provides insight into debt buyers’ verification of debts that consumers have disputed. As shown in Table 14, the Commission’s analysis of 713,308 disputed debts in 1,853 portfolios ...
What Debts Are Covered
Personal, family and household debts are covered under the FDCPA. This includes money owed for medical care, charge accounts, credit cards and car loans. Business debts are not covered by the FDCPA.
How Is A Debt Collector Allowed to Contact Me
A debt collector may directly contact a person, or indirectly, such as by mail, telephone, telegram, e-mail or fax. Without express permission or permission granted through a court order, a debt collector may not: Contact someone at unreasonable ...
Can Debt Collector Contact Others About One's Debt
If one has an attorney, the FDCPA prohibits a debt collector from contacting anyone other than one's attorney. If one does not have an attorney, the debt collector may contact other people, but only for the purpose of finding out where one lives or ...
What Practices Are Banned For Debt Collectors
Regarding harassing or abusive tactics, debt collectors may not: Use or threaten to use violence or criminal means to harm a person, their reputation or property; or Use obscene or profane language; or Advertise someone owes a debt; or Advertise a ...
Can One Stop Debt Collectors From Contacting and Calling
Yes. If one wants all debt collection contact to stop, and it is a debt collection agency rather than the original creditor who is contacting/calling, one has the right to request that they not contact the debtor again. This request must be in ...
What If One Owes Multiple Debts
If the same debt collector is attempting to collect multiple debts, the debt collector must provide a separate notice for each debt. One must dispute each debt separately, and the collector must provide separate validation information for each one.
7 Secrets Debt Collectors Don't Want You To Know About
1. You are not obligated to communicate with collection agencies; 2. You don’t have to disclose personal information; 3. Paying off an account in collections won’t wipe it from your credit reports; 4. Your assets are not at risk, yet; 5. You may be ...
What If One Never Received A Collection Letter
In the event that a consumer has never received a collection letter from a collection agency, a collection entry (also known as "tradeline" or "TL") on a consumer's credit report can be considered an "initial communication" triggering a consumer's ...
Can One Send A Debt Validation Letter At Any Time
According to the FDCPA, a letter requesting validation must be sent within 30 days of a debt collector's initial communication. An initial communication is usually the first debt collection letter which contains the 30-day notice found in § 1692g(a) ...
Is Repeating Initial Information Provided, Considered A Validation Response
While courts are divided as to what constitutes proper validation, they certainly have not ruled that validation may be accomplished by merely repeating the information required by 1692g(a). In Chaudhry (see Myth #3), the Fourth Circuit Court of ...
Verification of Debt Requires Exact Accounting
This is not required for verification. Verification of a debt involves nothing more than the debt collector confirming in writing that the amount being demanded is what the creditor is claiming is owed; the debt collector is not required to keep ...
Should One Sign for Certified Mail or Service Of Process
No. There is no benefit, and no law that says one must accept.
Can Someone Still Get Credit Cards After This Process?
Yes, and from the same banks, lenders and companies too!
Is The Debt Removal Process Legal
Yes, or there’d be no way to actually get rid of the alleged debt.
A Person Co-Signed - Must They Come To Court
Yes, each person who is on the alleged debt has been hurt and must ask for amends, otherwise the alleged debt may only be removed from one person.
If One Gets Served - What Does That Mean
This only happens when one didn’t complete the enforcement process. Getting served could mean they are sending a counterclaim, it is better to get this information in court and read it in court. Second of all, one should never say to anyone who is ...
Can One File Additional Lawsuits
Absolutely! Anyone can repeat the small claims enforcement process using ANY other legal statutes. One only needs to add ONE NEW STATUTE VIOLATION to file a new lawsuit. Each lawsuit costs a creditor/lender an average of $3,000.00 to $5,000.00 for ...
What Should One Talk About In The Small Claims Court?
With the few minutes one has in court, the most logical point to speak on is Exhibit L, Photocopy of Promissory Note. It does many things at once. First, ask the judge if making a copy of the dollar bill is illegal. Then ask if one can use copies of ...
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