http://www.savingadvice.com/blog/2007/02/10/101158_downright-scary-debt-collection-tactics.html Bridging the gap between saving money and investing Fri, 21 Nov 2008 20:52:25 +0000 http://wordpress.org/?v=2.6.1 http://www.savingadvice.com/blog/2007/02/10/101158_downright-scary-debt-collection-tactics.html#comment-112124 Don Tue, 18 Sep 2007 05:55:06 +0000 http://www.pfadvice.com/2007/02/10/downright-scary-debt-collection-tactics/#comment-112124 Be very careful when ever dealing with Resurgent Capital or their other related outfit, lvnv funding. They use a variety of tricks to try and get folks to send them money. Educate yourselves through the internet concerning them and discover your good options. Do not trust what they say over the phone. Do not ever send them money, especially a check by phone or western union payment, ever! If you ever decide on a settlement offer, Always always get someone from their place to send you a settlement agreement in writing first, specificly detailing in writing exactly what they will do for you if you send them a settlement check. You Must get this in writng from them first, and make sure you read it very carefully and it contains what you need them to do for you with a specific time frame detail included. Otherwise, you have only a verbal offer with no guarantee that they will do anything to assist you after they get your money. Don't risk it, trust me. Look out for yourselves and your family finances. They must be willing to do specific things to help and benefit you in writing, in the proccess, otherwise, turn them away. Be very careful when ever dealing with Resurgent Capital or their other related outfit, lvnv funding. They use a variety of tricks to try and get folks to send them money. Educate yourselves through the internet concerning them and discover your good options. Do not trust what they say over the phone. Do not ever send them money, especially a check by phone or western union payment, ever! If you ever decide on a settlement offer, Always always get someone from their place to send you a settlement agreement in writing first, specificly detailing in writing exactly what they will do for you if you send them a settlement check. You Must get this in writng from them first, and make sure you read it very carefully and it contains what you need them to do for you with a specific time frame detail included. Otherwise, you have only a verbal offer with no guarantee that they will do anything to assist you after they get your money. Don’t risk it, trust me. Look out for yourselves and your family finances. They must be willing to do specific things to help and benefit you in writing, in the proccess, otherwise, turn them away.

]]> http://www.savingadvice.com/blog/2007/02/10/101158_downright-scary-debt-collection-tactics.html#comment-83655 Robert Sun, 05 Aug 2007 22:50:34 +0000 http://www.pfadvice.com/2007/02/10/downright-scary-debt-collection-tactics/#comment-83655 Unfortunately a "Cease and Desist" will not remove the item from your credit report. If you do ever settle the debt make sure they agree to erase it completely from your report. Making the account activity on your credit report more recent could actually affect your score negatively, even if you are in fact satisfying the balance. Unfortunately a “Cease and Desist” will not remove the item from your credit report. If you do ever settle the debt make sure they agree to erase it completely from your report. Making the account activity on your credit report more recent could actually affect your score negatively, even if you are in fact satisfying the balance.

]]> http://www.savingadvice.com/blog/2007/02/10/101158_downright-scary-debt-collection-tactics.html#comment-64441 Steve Mon, 25 Jun 2007 20:57:48 +0000 http://www.pfadvice.com/2007/02/10/downright-scary-debt-collection-tactics/#comment-64441 You know it never ceases to amaze me at the lengths these collectors are willing to go to make a buck. They literally will lie, cheat and steal. You know it never ceases to amaze me at the lengths these collectors are willing to go to make a buck. They literally will lie, cheat and steal.

]]> http://www.savingadvice.com/blog/2007/02/10/101158_downright-scary-debt-collection-tactics.html#comment-18955 Presenting the 74th Carnival of Debt Reduction : Blogging Away Debt Mon, 12 Feb 2007 12:48:04 +0000 http://www.pfadvice.com/2007/02/10/downright-scary-debt-collection-tactics/#comment-18955 [...] Strain presents Downright Scary Debt Collection Tactics. “When it come to recovering zombie debt, debt collection agencies will go to great lengths [...] [...] Strain presents Downright Scary Debt Collection Tactics. “When it come to recovering zombie debt, debt collection agencies will go to great lengths [...]

]]> http://www.savingadvice.com/blog/2007/02/10/101158_downright-scary-debt-collection-tactics.html#comment-18740 tim Sun, 11 Feb 2007 18:48:03 +0000 http://www.pfadvice.com/2007/02/10/downright-scary-debt-collection-tactics/#comment-18740 sneaky bastards!! they would also probably list your account as a charge off which would screw your credit for 7.5 yrs. sneaky bastards!! they would also probably list your account as a charge off which would screw your credit for 7.5 yrs.

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