One of the newest games being played is companies is to buy old debt that cannot be collected through the court of law. Nothing new about that, debt collectors have been doing that for decades. Credit card debt varies from 5-7 yrs Medical 2-8 yrs ... The Statute of Limitations (SoL) for
Debt collection operation Blackstone Legal, along with its owners, will face a permanent ban from the debt collection industry as a result of the Federal Trade Commission’s lawsuit charging that they deceived and harassed consumers to collect fake debts the consumers did not owe. Blackstone Legal,...
Fall behind on a credit card bill, then you'll be inundated with ads for them. I took out some short-term, low-interest loans one year, to shift income to the next year, rather than pulling from a 401k that year, for tax reasons. (It's all about cash flow, and 2% loans did the trick.) Apparently,...
Agree - but the usual auto-dialers are now more careful to call within the "okay" hours - had one a few days ago at exactly 0800 - the "one ring" call screener does let me know we have had a call - and if a human calls they can leave a short message once answered the challenge
This is my thread transplant operation on a story first pointed to us by BigA two Saturdays ago. I've below hyperlinked the CNN original, on principle and for embedding nice photos. Arkansas hospital sued thousands of patients over medical bills during the pandemic, including hundreds of its own e
The more I read the two lead comments, the less sense they make. That takes a talent for wooly thinking. Let's first please not confuse the varying purposes of call centers. "Clients" employ debt collectors, turning them loose on debtors. Sure, the ambush phone call is an awkward tactic, often use
Another egregious case of a hospital collecting debts not just from the patients but from its own employees as well: https://www.yahoo.com/news/arkansas-hospital-sued-thousands-patients-105953695.html Arkansas hospital sued thousands of patients over medical bills during the pandemic, including...
Be extremely careful as to who you give your bank account information to. Once they have, these crooks can go to town at your expense. Sadly, there isn't anything your bank can do (in terms of trying recoup your money and possible overdraft fees if it gets into the negative) because you gave your...
