The name is frightening. As it should be. The practice of trying to collect on Zombie Mortgages can be just as frightening. So, what is a Zombie Mortgage or a Zombie debt? Well, it’s debt that is past the statute of limitations and cannot be used as weapon to bring a consumer to court to […]
Tag Archives: collection company
27
Apr
Apr
The name is frightening. As it should be. The practice of trying to collect on Zombie Mortgages can be just as frightening. So, what is a Zombie Mortgage or a Zombie debt? Well, it’s debt that is past the statute of limitations and cannot be used as weapon to bring a consumer to court to […]
07
Mar
Mar
In 2023 it was reported that over 30% of Americans have an account that has recently gone to collections and that the average debt per person is a little over $9,000. Normally, when you hear that an account has gone to collections, you expect phone calls from unknown numbers asking to settle a […]
02
Dec
Dec
Since the beginning of the pandemic, the amount of debt held per average American citizen has increased exponentially. With more debtors comes more collectors looking for new ways to track down those who owe them money. With the implementation of new collection rules, debt collectors have new means of chasing down debtors outside of mail […]
27
Aug
Aug
How You Might Be Hurting Your Scores There are so many things that come into play to obtain a healthy credit profile. The hardest part of navigating the credit world however, is knowing what advice is accurate and possibly stumbling a few times in an effort to get back on track. Many times consumers think […]