Collector Debt Specialist

The well known saying goes “If you think no-body cares, try missing a few payments.” Debtors have found this to be very true, often receiving letters and phone calls continuously from debt collection agencies, to the point of feeling cornered and worn out.

Agencies collect outstanding debt on behalf of lenders. They may also buy a bad debt book which has been designated as a charge off by the original creditor. A charge off means that the debt has been written off as uncollectable and the debt is written off by the original creditor against tax for the year. Once a collection agency has become the new creditor, the debtor will not be able to negotiate with the original creditor.

Any person who has a charge off on his or her credit report will have a very bad credit rating and it will impair any future attempt to obtain credit.

• Virginia Debt Collection Laws

• Top Ten Debt Consolidation Company

• Consolidation Debt Online Program

  Debt consolidation entails taking out one loan to pay off many others. This is often done to secure a lower interest rate, secure a fixed interest rate or for the ...

• Consumer Debt Counseling

• Visa Debt Card