Debt buyers are companies that purchase debts from original creditors. Major debt buyers include companies like Midland Funding LLC and Portfolio Recovery Associates. If you’ve been sued for an outstanding debt, there’s a good chance the entity that filed the lawsuit is a debt buyer. In this article, we discuss the debt buying industry and…

It’s never fun to receive a debt collection letter in the mail. Even worse, however, is being served with a debt collection lawsuit. If you’ve been sued by a debt collector, it’s imperative that you obtain the services of an experienced debt collection lawsuit defense lawyer as soon as possible. By hiring the right debt…

Fullman Firm recently secured another victory at trial against a major debt collector. The plaintiff in the case, Crown Asset Management, alleged that the defendant, represented by Fullman Firm, owed a debt of over $30,000. Luckily, the defendant decided to contact Fullman Firm immediately upon receipt of the lawsuit. Fullman Firm’s preparedness at trial ultimately…

No one likes to receive a collections notice. However, ignoring correspondence from a debt collector won’t make the problem go away. Debt collectors have several options available to them when debtors fail to pay. In this article, we explore the legal options available to debt collectors when you fail to pay a debt.  Regulating Debt…

Debt collectors have a bad reputation for doing whatever it takes to collect debts—including harassing and even threatening consumers. The federal Fair Debt Collection Practices Act (“FDCPA”) was enacted to prevent these types of behaviors. However, some debt collectors continue to use illicit tactics when dealing with consumers. In this article, we examine five things…

All consumers should be aware of debt collection lawsuit scams. As of late, these types of scams have been rampant. In this article, we discuss how you can avoid becoming a victim of a debt collection lawsuit scam.   What is a debt buyer? A debt buyer is a business that purchases large numbers of delinquent…

It’s no secret that COVID-19 is a huge problem in the United States. In fact, experts have predicted that the repercussions of the pandemic will continue to affect our economy for years to come. For borrowers, this is bad news. Unfortunately, pandemic-related foreclosures, collection lawsuits, and judgments appear to be here to stay. Even if…

Receiving a debt collection lawsuit summons is not the most pleasant experience in the world. However, when you’re sued by a debt collector, you must respond to the lawsuit. Otherwise, the court will enter a default judgment in favor of the debt collector. In other words, if you don’t respond, you’ll automatically lose your case….

Although most debts that you fail to pay will eventually end up on your credit report, there are a variety of reasons that some unpaid debts don’t appear on your credit report. However, just because a debt isn’t listed on your credit report doesn’t mean it isn’t legitimate. Debts that May Not Appear on Your…