Junk Debt Buyers - The Modern Day Strong Arm Tactics - Don't Let Them Abuse You

Cherie wrote

Bryan C....Let's suppose Mr. Jones, who had a stable job and decent credit bought a car. Mr. Jones' son is in a terrible accident and requires much medical treatment and therapy which insurance doesn't cover. As a result, Mr. Jones has to reprioritize his debt, and does a voluntary repo. Still, he falls behind on his bills, because his SON is his FIRST priority. After several years, his son is recovering and Mr. Jones is trying to catch up on his bills, but he just can't because he had to take a lower paying job to help with his son's recuperation. SOL is up on the car repo, Mr. Jones's son is doing better, but now Mr. Jones has to deal with junk debt collectors threatening wage garnishment, liens against his house, public embarrassment, The junk debt collector resorts to illegal scare tactics, threats, etc. Is this fair? Would you actually dare to say his piorities were wrong? Many bankruptcies are due to medical emergencies. Are those people wrong to put their health first?

Posted September 15, 2009

Tia wrote

in reply to JR

I would not accept that settlement from LVNV Funding. Even if they are legitimately collecting for your student loan servicer, it will still appear on your credit report as settled for less than the original amount. This is still an indicator to future creditors that you did not hold up to your end of the original agreement. There is the student loan rehabilitation program which allows you to have derogatory annotations about your student loan payment history removed so as long as you make the agreed upon payment for 9 months. The student loan servicer will work with you o nyour payment also--it worked for my brother and now is payment history is cleared. Hope this helps!

Posted July 14, 2009

hutch wrote

in reply to bryan c.
Hey bryan c. i have an idea. Go fuck yourself you dickless shit head. Rock on bitch!!!!!!!11

Posted June 04, 2009

JR wrote

To Just Settled]:

Received an offer (in writing) from LVNV Funding for less than amt. owed for a student
loan, and was wondering if the reduced payment would indeed clear my debt in FULL!
Was wondering, since you setttled with them, did you get proof of debt clearance and
had it taken off your credit report as paid???

Please reply. Thank you.

Posted April 12, 2009

Non yours wrote

in reply to bryan c.
Well Bryan, as the others said, go f#@$* your self, most people would be glad to pay the acutal debtor they owe the money to, but once you A** Holes get involved, well what can I say, the interest in paying is gone, because most people will not pay money to people they don't owe it to, if you bouught the debt you did that at your own risk, so so sorry, I will advice any one that has a credit collector calling them, change your number, never admit to a debt, and if these A holes mail you something mail them a request for proof, via certified letter lets see if they can come up with hard evidence.

Posted March 10, 2009

Just Settled wrote

No one plans to stiff a creditor -- it happens through many circumstances. I never planned to default, but it happened. Along the way, I learned a lot! Most of the debt collection attorneys out there are not licensed to practice in your state. So the "lawyer letters" they send are useless in terms of them actually suing you. They have to assign their interest or hire an attorney in your state.

I have found that if you can offer a settlement *before* the debt charges off (not always possible, I know) then you usually can deal with nice people. Several of the people in credit card settlement departments actually were very nice and understanding. My average settlement was about 35 percent. Some lower (Discover at 10 percent!) and some a bit higher. Settlements can be done quite easily, and without paying the scumbags who advertise on radio, TV and Internet.

Finally, I just settled with LVNV/Resurgent for 32 cents on the dollar. NEVER take the first offer! And get it in writing.

Posted January 13, 2009

buslady wrote

I just recently went to a court hearing where a debt collector was suing me for almost $1800. I did my research and wrote the appropriate letters, etc. I showed up on the date for court 15 min early for the hearing. 30 minutes later, NO ONE showed up! Case dismissed. LOL

Posted October 08, 2008

Angelica wrote

I am writing a piece for Dig This Reel Magazine exposing predators in the financial insdustry.

I was assigned this piece as I myself have first hand experience with predators as an ID theft survivor .

Looking for people who would like to share their story. Email angelicawytch@comcast.net direct to me or through the editor to be forwarded to me at editor@digthisreel.com.

Please be sure to include your email address for follow up clarification/questions.

Posted September 08, 2008

Rich M wrote

To Bryan C. I'm going to kick a JDB ass in court here in a few months, WITHOUT the help of an attorney. You a**holes CAN be beat. PEOPLE, just do your research and you'll find that these Vultures can have their wings clipped. BTW, if I met one of you in public I'd be glad to pay you what you deserve,....an ass kicking!

Posted August 29, 2008

Anon Now wrote

Well, Mr. Bryan C., How about regulating the interest these lenders charge to a REASONABLE amount and prevent them from targeting people who, in many cases, they know will default. In addition, is it possible, in your world, for someone to suffer a financial or medical setback. You must be very careful in your judgment of others lest you find yourself on the same path.

Posted August 26, 2008

Leslie wrote

Junk debt buyers are con-artists who have no legal right to access peoples' credit reports, or request payment for debts that don't belong to them. They are CRIMINALS!!!!

Posted July 18, 2008

not Bryan C. wrote

Hey, I have a great idea, Bryan C.
--Go F**K yourself.

Some of these debts, like the one lvnv is trying to collect from me ISN'T me! So, think before you reply, a**hole.

Posted May 17, 2008

Lonnie wrote

To bryan c.,

Spoken like a true debt collector. Why is it that debt buyers think debtors, who fall on hard times, are "low life's" (that's how they treat us), yet, they can violate the law left right and center to try and collect a debt that they can't even prove you owe. They use false (illegal) means to sue, for debts they've REFUSED to validate (cause they can't) and then have the GALL to say WE'RE NOT VICTIMS?! These people are immoral and Godless!!!

Posted May 14, 2008

Jeanne wrote

Hi again

Just wanted to make sure you don't use my last name.

Jeanne

Posted February 27, 2008

bryan c. wrote

i have a novel solution. how about paying the debt you like you agreed to in the first place. then there wont be a need for debt buyers. people who dont pay their bills are not victims

Posted February 19, 2008