Many consumers with unsecured credit card debt consider bankruptcy in order to get out of debt. While each situation is different, often there is an alternative to bankruptcy. Continue reading
An envelope revealing a consumer’s account number through a clear plastic window violates the Fair Debt Collection Practices Act (“FDCPA”). If you receive a collection letter in an envelope with a clear plastic window take a look at what is visible on the letter through the plastic window. Continue reading
The Federal Trade Commission shut down a debt collector that used fictitious names and threatened consumers into paying debts they may not have owed.
Pinnacle Payment Services LLC and its principals are barred from debt collection and subject to a $9,384,628 judgment, which has been suspended for most defendants due to their inability to pay. Continue reading
If so, you are probably wondering what to do.
Credit card companies often sell delinquent accounts to debt collectors for pennies on the dollar. Often times the debt collector will file a lawsuit and can do so if the suit is filed withing the four (4) year statute of limitations in Pennsylvania. Continue reading
Do you have a Capital One credit card ? If so, you better read the contract update it just sent to cardholders. The update reads, “we may contact you in any manner we choose” and such contact can include a “personal visit.” If that isn’t bad enough, Cap One says these visits can be “at your home and at your place of employment.” Spooky.