When dealing with a debt collector, don’t rush to pay or promise to pay. Instead, check the facts, know your rights around communication and report violations.
GMAC is now Ally Financial and is not owned by General Motors. The company’s current financing division is GM Financial. If you owe a debt to GM Financial, don’t ignore it. Ask collectors to validate the debt, file a written Answer with the court if yo
If you hire an attorney, the debt collection agency must communicate only with your attorney, not directly with you, unless the attorney does not reply to the debt collector or gives the debt collector permission to contact you. The debt collector is allowed to contact other people, such as ...
If you've receiveda call or a letter from a debt collectorclaiming you owe money, but you believe there's been a mistake, you have rights under the law to challenge it. But while disputing a debt with a credit card debt collector is an important part of dealing with old debt that...
Common Types of Consumer Debt That Go to Collections Any bill can go to a collection agency. Your best friend could hire a debt collector for the money you owe, unlikely as that is. If the money you owe does end up with a debt collector, the most likely suspects will be past due bil...
When it comes to debt (and debt collection), it’s a good idea to know the details of the statutes of limitations in your state. Don’t worry, we’ve got everything you need to know right here. Ramsey Solutions DebtSave How to Deal With Debt Collectors When You Can’t Pay ...
Did you get a phone call, letter, or message about unfamiliar debt? It could be a scam. Learn the latest debt collector scams and how to stay safe.
If a collector threatens to reveal your debts to family, friends, coworkers or employers, it is a sign of a scam. These signs may be more apparent when you know how to deal with debt collectors. Scammers and unethical debt collectors use what they can to get you to pay. Protect your...
What are the common types of debt that are collected? Common types of debt include credit card debt, medical bills, personal loans, student loans, and utility bills. How can I negotiate a settlement with a debt collector? Start by contacting the debt collector to discuss your situation. Offer...
Get expert help with your credit card debt today. How do you stop wage garnishment by a debt collector? If you're at risk of having your wages garnished, here are a few practical steps you can take to protect your income and regain your financial footing: ...