madamefloof asked: I have a $7,000 debt sitting on my credit report since 2003. It says it will come off in 2010. What does that mean? It hasn’t been updated by the collector since 2003 and I haven’t received notices about paying it since then. What happens after 2010 if I [...]
CatherineNickName asked: How long, after receiving the first letter, do I have to send a Letter to the Collection Agency requesting validation of the debt? How long do I have after receiving the letter before they start calling me and harrassing me?
also I’d like to know what they are required to say by law on [...]
noble_onyx asked: Every time i try to validate the debt with the collection companies, they sell it to another company before the 30 days are up. How am I ever supposed to get this taken care of if they keep selling it off before it is validated? Help please.
Joey LaRu asked: I’ve read a bit about opportunities in the debt and judgment collection business. How can I become a collector? Do I need a degree? Do I need a license? Is it realistic for an individual to break into this business?
DiCe asked:
I have a debt to telus and they fowarded it to a collection agency. I can’t pay the whole amount in full because it’s pretty big and im stil a student and the agency won’t accept payments(installments). The agecy said that if i don’t pay, it willgo to my record and stay there [...]