What the debt collection agent can do to me?i have no money to pay back.?

Do you have a job? They can garnish your wages
They can destroy your credit score.
They can stalk you for months.

The best thing to do is just call them back and arrange for a payment plan. If you can, work until you can get about 3/4 of the money. Call them and say, "Okay, I can pay you $X of the original $Y debt."

They can either take it in lieu of the full debt, or say that you will still have to pay the remainder the of the debt.

Either way, I suggest getting a job (or second job) and paying it off.Why don’t you have any money to pay back? Why did you run up the debt in the first place? What about sparing a thought for the people you owe the money to?
Depending upon how much you owe, you could be made bankrupt.If you can not afford to pay any outstanding debts that you have, perhaps you could contact the agency or creditors and ask to arrange an installmant plan.
If you are unable to pay a Defult will be issued by your creditors, a county court judgement may be issued against your name (CCJ). This inturn is stored on your credit file and reduces your credit score, this dramatically reduces your credit score and makes obtaining credit difficult, that new car, house etc. However it will take longer to build up your credit rating and to do so you will have to settle outstanding debt with your creditors
Try your upmost to resolve a "promise to pay" plan, with your creditors. I’ve been there myself so good luck you’ll get through it The only real power they have over you is to damage your credit rating and to annoy you. By themselves, debt collectors have absolutely no legal power over you., they cannot garnish your wages or freeze checking accounts…only a court can authorize this and they’d have to go through the court system to do this.

 

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Financial crisis? Help with regards to credit card debts?

Why did your aunt’s attorney in the divorce arrange this buyout in the divorce settlement? Did the money go to ex or to mortgageor? What else did the atty arrange as far as her financial support? Of course, with that kind of deadbeat history on the mortgage, where was his money? And how did the atty arrange the division of marital assets?

If your aunt did a "do-it-yourself" divorce instead of hiring an attorney, now she is paying for her mistake. The only thing more costly than hiring a divorce lawyer is NOT hiring a divorce lawyer!

Unless she is entitled to some financial settlement or support according to the divorce degree, she is entitled to nothing but her pension and what remains of her assets post-divorce. She has no choice now but to pay her bills. A divorce settlement is a court order and she has to pay it off.hi,am jording working for Loan Agent in the states.i understand your predicament and will be willingt to help you out.can we chat later on.you can contact me on loanagent2009@gmail.com.
take care.
be expecting your replyPlease please be careful who you approach regarding ‘financial crisis’. Try aproaching the CCCS (consumer credit counselling service) it is a charity which will give excellent advise about this sort of situation – without taking any fees from you.

www.cccs.co.uk

Good Luck

 

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Has anyone had any dealings with the debt collectors Mckenzie Hall?

The next time they ring bluntly tell them to stop harrassing you as it is not your debt and that you will take out legal action against them if they continue to chase you for a debt that you havent taken out.

They would have to have legal documentation to prove that you have a debt with them, so it can never go any further.

If they continue to call, I would report them to the police for harrassment.

 

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Help and Advice needed re: Debt Collectors?

Just send the mail back as return to sender no such person at this address. If you keep the mail, they will continue to assume she is living there. If you return it to them, they will remove the address and try to find her using other methods. As far as them showing up at your door, uh not for $6,000. Just send the mail back and you will be okay.what you should have done was returned the letters to the sender, now you know who has sent it, you might be better off contacting them rather than waiting for them to turn up, they will want to know if you have a forwarding address but you dont have to give it. Just give them a ring, they wont bite, explain that your sister doesn’t live there and how long she hasn’t, if you can provide any proof of this it would be better for you ie council tax records etc.As long as you have proper identification, they can not bother you. Also show any copies of your utilities bills if they are in your name or your mothers. The bailiffs should accept that and simply ask if you know of her whereabouts or of an address.

Hope this helps relieve the stress.Ring the number on the letter and tell the what you’ve told us BEFORE they arrive at your door.

I was one month behind with my Council Tax and I was in work when they arrived. They were exceptionally forceful with my daughter and I had to give the men a post dated cheque for DOUBLE the original bill – charges included having a dangerous dog and refusal of access.The cheque was not presented for 5 more months!
My daughter was BROUGHT to my place of work fearful of these men and by these men.

Please give these people a ring ASAPYou should retrun all post to sender.
You don’t have to prove your identity to a debt collector, just state you aren’t that person. data protection stops them from discussing someone else’s business with you.

If a debt collector does turn up, they have no powers to do other than collect money from the debtor – and she doesn’t live there so they will go away again.yes you will have to prove who you are. but if i was you i would get in touch with them first to prevent any confusion if and when they do turn up. maybe you could offer to send them proof of your identity ie bills in your name to proove that you run the household, but i wouldnot ignore this as they are very persistant people even though its not your debt you are still suffering through worry and its not fair.

 

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Inheritence and bankruptcy?

They may look at as your father in law was stashing money in view of his pending bankruptcy. im not sure they can reclaim it but they will look into it and was proof of what youve done with it. its a messy process and the courts may ask for your income details etcI expect that the Trustee in Bankruptcy could pursue the money if it can be shown that your father-in-law was trying to evade creditors, especially as he still benefited by living in a house which, in effect, he contributed to the purchase.
It may help if you can show that all his debts were paid off and the subsequent bankruptcy arises from events totally subsequent to the gift. Also you may show records including Income Tax returns declaring a commercial rent for the house from father-in-law.
Otherwise, it may be simpler to offer to pay off some of his debts at a discount for early settlement. Have an ‘informal’ chat with the Trustee in Bankruptcy to see if this might be acceptable.

 

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If you get a letter from a debt collection agency but to another address, what happens?

Whoever has their name on the debt is still responsible for the debt regardless of where the letter was sent.

If anyone receives a letter addressed to someone who does not live at the residence, it should not be opened, but rather write across the envelop "No person by this name resides at this address" and put it back into the box or give back to the postmaster.debt collectors will try anything to get hold of their latest victims even if it means contacting other family members.

the best thing to do is keep the letters sent but do not act upon them.

http://www.adviceguide.org.uk/index/life/debt/help_with_debt.htm

this is an advice centre that may be able to help your friend’s cousin

the other way is through the Citizens Advice which are found in most cities and towns these people will make an offer to the company and take over your case. most debt collection companies do not like to deal with the CAB because they get nowhere and they will find many ways to get around doing this. the CAB will make an offer of payment per month normally £1 [depending upon your circumstances] getting the CAB involved will stop any company from taking you too court and saying that you were not forthcoming with payments and were trying to avoid payment which of course would make the judge less disposed to you and your case. keep all paper-work sent by these companies as some have a tendency in their eagerness to make collections to bend the law and even break the law. if the company starts to telephone you make it clear to them that you find this an unacceptable practice and that you have passed the matter onto the CAB also ask them to send ALL the paperwork to you at the address they have. do not tell them any more information ie. Do NOT give them your bank details Do NOT give them any income information Do NOT give them any information at all except that you have passed this onto the CAB.

remember as long as you make a minimum offer to pay ie £1 per month [dependant upon your income] there is not much they can do as you are showing willingness to pay your debts. they may not like it but then its not your job to make them happy.

here is a link to the CAB

http://www.citizensadvice.org.uk/

 

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Money paid to debt collection agency?

What often happens in these situations is something called an Authorisation (this is like a reserve) is placed for the ammount requested, then after about 2-5 working days they take the money, so the money will still show until they take it. But she wont be able to spend it because its reserved. Get her to check her balance against her avilable balance,

If her balance is say £320, but her avilable balance is £20 then its alright, there is no need to worry.

Contray to belief the money isnt taken out straight away, its reserved for a few days then taken a few working days later.

 

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Do the citizens advice help people who are unemployed with debt problems?

Yes but I also advise you to call the national Debtline….they are GREAT and will tell you what to write in a letter to your creditors so that they understand your situation and cannot take you to court…you can offer to pay them as little as one pound per week and if you put this in writing they have to accept it. They are free to call and the advice is free too. http://www.nationaldebtline.co.uk/Yes, the Citizen’s Advice will help you. The Citizen’s Advice Bureau helps people in all situations, from all walks of life solve their money problems, and the service is completely free. If you’re struggling with debt I’d suggest you contact them straight away.

 

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Why is ebay asking me for my credit card details to confirm my identity?

They aren’t … you are NOT on the ebay / PayPal site .. you have been re-directed to a criminal ‘phishing’ site

Either you have clicked on a link in a Phishing eMail (saying, for example, ‘you have won this item’), your Browser has been hijacked .. or you have been redirected by the seller ..

If it’s either of the first 2, you have already revealed your log-in details to the criminals .. go to another PC and visit ebay / PayPal by typing in the address .. and CHANGE YOU PASSWORDS NOW .. if you are unable to get in (because the criminal has already changed your password) contact eBay / PayPal IMMEDIATELY ..

 

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Can somone with bad credit cosign a card as long as they are a card holder?

No, he won’t
He had bad credit, and being a cosigner enables him to have a card and access to using it (whether he would or not!)
He has to qualify (have decent credit and not owe 30k to credit card companies!)
At this point, I doubt he would qualify.
Get a secured card for now to build your credit, and then in about a year or 2 you can get an unsecured one, and not need to borrow anyone elses credit rating, good or bad.Oweing 30k alone does not make you unable to cosign a card, their rating on that debt does.

Is this about credit or about a credit card, if you need credit then start with a prepaid credit card, they are expensive but if you make the monthly payments on time and keep up with it, you will build credit, if you need a credit card then I would suggest a deposit card or a debit card.He could cosign, but it would not do any good. If you cannot obtain a credit card without a cosigner, then you cannot obtain a credit card without a cosigner who has good credit. In other words, applying with a cosigner with bad credit would have the same result as applying with no cosigner.

 

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