For the last several weeks LTD Financial Services and United Recovery Systems have been running ads in the Houston Chronicle for Collectors. While this is no big surprise what with the economy like it is, it is surprising to see them admit to some of the benefits they offer: “great bonus program, plus full benefits”, “above industry [...]
bill collectors
Nobody really wants to file bankruptcy. I know there is a myth out there that there are many people who see bankruptcy as an easy way out of their financial problems. Like most myths, it is not true. The truth is that most people do everything they can NOT to file bankruptcy. Most people do [...]
You can fight back against bill collectors. One man, from Parsons, Tennessee got so mad at a collection agency trying to collect an old debt that he decided to use some of their own tactics against the bill collectors themselves. Newschannel 5 in Nashville reports that Randy Falkner fought back. First Faulkner sent the collection agency a certified letter [...]
A few days ago, I wrote a post on this blog suggesting that private “debt settlement” or “debt negotiation” companies often turned out to be rip-offs. Bankruptcy is certainly an option to deal with out of control debt but as any experienced bankruptcy lawyer will advise you, filing Chapter 7 or Chapter 13 should always [...]