How to Stop Credit Card Debt w/o Consolidation!
Wednesday, February 3rd, 2010 at
5:36 pm
debtrelief911.com - Get Rid of Credit Card Debt Now! Learn How to Eliminate Your Credit Card Debts in 90 Days Without Debt Consolidation or Bankruptcy!
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It depends on how you define “old”,
Nauticalman made it sound like all collection accounts have been sold accounts which is not 100% true.
if the debt is old it is almost certainly been sold off
Not all collection offices purchases debts. Most are referred to them by the creditor.
If it IS a purchased debt, the money can no longer be paid to the original creditor as the account has been sold.
As for the last part, that is correct, however if you call the creditor they may likely refer you back to the collection office. Moreover, check in your contact with the original creditor it usually has some section giving them the right to collect on the debt, etc.
Sorry folks, we have been had, peed on, scammed and lied to.
WallStreet bailouts were rigged and a fraud, market manipulations,
high freqency trading, flash orders, naked short selling by:
Goldman, JPM, Cit, MorgStanley, Aig, stay away from this scum.
The Fed, Comex, ETF’s, Govt data: frauds. Your labor devalued to Zero.
Pull your money out, walk away from your mortgage and CC card debt,
We can beat them at their own game, buy pure silver bullion,
buy local mom and pop. Starve The Beast!
With the New Year creeping up on us faster than most of us would like, I cant think of a better way to start off the new year than learning how to stop the creditors from calling.
Join the New Years Resolutions Extreme Makeover Telesummit today by clicking on my name above in blue (LivingSuccess247)
Third party debt collection agencies purchase your debt at a low cost with the goal of making a profit on their purchase.
You are 100% not required by law to pay a third party whom you did not sign a contract with over the original debt. The debt collection agency has no legal right to demand money from you because you never signed a contract with them.
They’re just a bunch of idiots paid commission to scare you into paying a debt that your bank/credit card organization has already closed.
The best advice is….
Do not use credit cards
Pay your bills if you can. Try to make more income. Take a part-time job in addition to your regular employment.
not paying a debt is NOT a crime, moron
Each CELLPHONE call has potential to be a violation potentially costing $1500 for EACH instance they call or leave message depending where you reside (violations can rack up between various federal law + your state laws. This does not count the possible FDCPA laws as well. So if you want to make some money off collectors, write to “let them know” not to call but in the meatime let them do so they violate. Keep a log of all cellphone calls, recordings, cellphone bill, and proceed with lawsuit.
stole? go to any college campus and try to tell me they’re not GIVING AWAY free money. when they don’t get repaid, well that’s because they made a REALLY BAD INVESTMENT.
Who’s the real criminal here? The company legally in charge of collecting debt that is legally owed, or the individual who stole money from a creditor and is now refusing to pay back what they owe by law?
why pay criminals
The federal telephone soliciations act has nothing to do with collections….debt collectors aren’t trying to sell anthing, they are trying to collect money that is legally owed. Its true that if you tell them not to cll they have to take your number out. They dont have to send you a copy of a do not call policy, thats crap…why don’t you give advice telling people to negotiate and they will get a huge settlement which essentially will save them thousands on the card the selfishly ran up..
I know what is the next step…
1. PAY YOUR BILL
2. PAY YOUR BILL
3. PAY YOUR BILL…..
Great information! I’ve added you to my subscriptions and added your video as a favorite. Thanks for keeping consumers aware and informed! ~MyARRP