Month: January 2015

I frequently receive calls from consumers asking about olds debts and collection.  People want to know how long a debt can be collected on and the length of time the debt can be reported for on a credit report.  I am often asked about how a collector or lawyer can be collecting on an account […]

It has come to the attention of the payday loan giant, Advance America, that it recently has become a target of scam debt collectors.  This scam is being carried out by individuals posing as representatives of the company looking to collect “unpaid” debts from unsuspecting consumers and offering fictitious pre-approved loans for a small fee. […]

Reporting a bankruptcy on your credit report is a rather gray area for consumers, especially when a debt is sold to a debt buyer just before the bankruptcy filing.  While bankruptcy reporting and credit reports has been a fairly clear issue under the Fair Credit Reporting Act (“FCRA”) since the inception of the Act, debt […]