176 votes
Accepted

How to deal with the credit card debt from family member that has passed away?

Don't pay it, see a lawyer. Given your comment, it will depend on the jurisdiction on the passing of the house and the presence of a will or lack thereof. In some states all the assets will be ...
  • 75k
152 votes

I co-signed on an apartment for a now ex-boyfriend who refuses to pay. What can I do?

Advice based on USA style system. Do not pay it. Do not talk to the creditor. What you have is old debt. The debt is not still accumulating, it has stopped some years ago, and now, the debt is ...
141 votes

Urgently need pre-paid debit card to pay debt collector

This sounds like a scam. The debt itself may be legitimate but the debt collector doesn’t sound legitimate. Legitimate businesses would never need access to your bank account. If you have the funds ...
  • 9,202
115 votes

Debt collector has wrong person and is contacting my employer

Request verification in writing of the debt. They are required to provide this by law. Keep this for your records. Send them a notice by certified mail stating that this is not your debt and not to ...
  • 3,980
113 votes
Accepted

If a debt collection company refuses full payment is the debt still valid?

It sounds like THEY don't think the debt is valid and want to validate it by getting you to claim it is. It might be worth sending them a letter asking them to prove the debt is yours or remove it. ...
  • 51.7k
109 votes

A debt collector will not allow me to pay a debt, what steps should I take?

This may not apply in your particular situation, but I think it's important to mention: When a debt collector doesn't act like a debt collector, it may be because they aren't actually a debt ...
  • 46.4k
78 votes

I co-signed on an apartment for a now ex-boyfriend who refuses to pay. What can I do?

After 8 years, you should have a fundamental understanding that things will not change with this ex-boyfriend. He may not be found, and even if he is, he will not pay any portion. Dragging him ...
  • 75k
73 votes

Apartment I never lived in is collecting against me. Recourse?

I don't know the details of whether or not you should pay this money, or who is at fault. But clearly, you believe that you do not owe the money, and the bank investigation seems to agree with you, ...
65 votes

A debt collector will not allow me to pay a debt, what steps should I take?

What you are describing here is the opposite of a problem: You're trying to contact a debt-collector to pay them money, but THEY'RE ignoring YOU and won't return your calls! LOL! All joking aside, ...
63 votes

Why would a lien appear on a mortgage after 17 years?

RocketLawyer has a brief review of how to place a lien. Searching Money.SE for 'lien' may also turn up some helpful information for similar situations. You should exercise extreme caution when ...
  • 7,855
62 votes

Bill payee can't find my payment and threatens debt recovery action

Find a name To escalate, you don't want a random helpdesk - you want a name. In this case, I'd suggest googling "finance director (this university name)". You can then ring the main ...
  • 1,643
58 votes

How to deal with the credit card debt from family member that has passed away?

First, when a debt collector says, "It's to your advantage to give me money now", I'd take that with a grain of salt. My ex-wife declared bankruptcy and when debt collectors couldn't find her, they ...
  • 20.8k
52 votes

Urgently need pre-paid debit card to pay debt collector

For the purposes of this answer I am assuming that this is not a scam, and that they are not the one who led you down the path of needing to use gift cards to make the payment. No legitimate business ...
51 votes
Accepted

Taking college classes to avoid student loan payments indefinitely

You mentioned that this is a private student loan, not a federal loan. There are no standard terms for private loans like there are for federal loans. To find out the deferral rules, you would need to ...
47 votes

Potential debt collection scam from National Credit Systems?

National Credit Systems is a genuine and reputable collections agency. It's a member of American Collectors Association and National Apartment Association. The web site and the phone numbers in the ...
  • 814
46 votes

Apartment I never lived in is collecting against me. Recourse?

"[My locator] told me that she was sorry but that she must have misunderstood and there was nothing she could do." Your locator owes you $300.
  • 5,333
43 votes

Debt collector has wrong person and is contacting my employer

This seems very suspicious, as if it were fraud, and not a legitimate collector. Garnishing wages takes a court order. A court would require a bit more proof than a name. Names can easily be common, ...
42 votes

A debt collector will not allow me to pay a debt, what steps should I take?

You say your primary goal is to clean up your credit report, and you're willing to spend some cash to do it. OK. But beware: the law in this area is a funhouse mirror, everything works upside down ...
38 votes

How can one be financially devastated by unsecured debt?

Your assets can be seized anyway The main difference between secured and unsecured debt is that secured debt has a simplified priority claim on the specific assets. However, unsecured debt still has a ...
  • 3,315
36 votes

Taking college classes to avoid student loan payments indefinitely

Money interactions/discussions often draw a lot of emotions out of people and this is often complicated by in-law relationships. The best advice one can give you is to stay out of this conversation. ...
  • 75k
34 votes
Accepted

Received federal student loan collection letter, but never had one. What to do?

You've already done everything I would suggest: Contact the collections agency, being careful in what personal information you provide. Check all three of your credit reports, for any trace of ...
33 votes

Debt collector has wrong person and is contacting my employer

Assuming you're in the US, you can file complaints against financial institutions (including debt collectors) through the Consumer Financial Protection Bureau. The link to debt collector complaints ...
  • 13.8k
32 votes

Bill payee can't find my payment and threatens debt recovery action

It seems to me that an option not much discussed here is to enlist the aid of someone at your bank. You have the records of the money being disbursed from your account -- it is going somewhere. Your ...
  • 3,146
26 votes

Can a check be destroyed or does it have to be returned to the person

My revised, bottom-line advice: offer to send a 2nd payment (preferably in the form of money order or cashier's check) for the difference you are agreeing to pay. I cannot imagine any reason why they ...
  • 11.6k
25 votes

How to deal with the credit card debt from family member that has passed away?

Debts do not inherit to the children. You are absolutely not liable for your parent's debt, in any way whatsoever. ** Collection agents will lie about this; tricking you is their job, and your job is ...
24 votes

Urgently need pre-paid debit card to pay debt collector

Even if they were legit, they won't file litigation (which is a lawsuit) because the overhead costs are considerable. But who cares? It's not a lawsuit until they serve you. Then it'll be a month + ...
21 votes

Debt collector has wrong person and is contacting my employer

Step one: Contact the collection agency. Tell them that they have the wrong person, and the same name is just a coincidence. I would NOT give them my correct social security number, birth date, or ...
  • 20.8k
21 votes

Bill payee can't find my payment and threatens debt recovery action

I would strongly disrecommend (?) your first bullet "Sit tight in comfort that whoever comes after the "debt" will see all is in order". Broadly speaking, dedicated debt recovery ...
  • 3,687
20 votes
Accepted

Credit card charge off : Can creditor take away the electrician's toolbox and the car even if the car was paid off a long time ago?

They would have to get a judgement (from a lawsuit) before they could attempt any of that. In Texas a judgement lien can be attached only to real estate. So it looks like the answer is generally no, ...
  • 51.7k
19 votes

Urgently need pre-paid debit card to pay debt collector

This concerns me: I should note I'm also trying to settle with them for a significantly lower sum. However, in order to do this I need to be able to pay soon with a card or bank account. Debt ...
  • 6,832

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