Welcome, visitor! [ Login

Post an Ad

TIME-BARRED DEBTS

Debt-Credit Consolidation April 14, 2026

 

TIME-BARRED DEBTS

 

A new practice has arisen in the debt collection industry. Old, charged off debt is packaged and sold to other financial entities for as little as a penny or less for a dollar of old debt. These debts are old and often barred by the statute of limitations which limits the period of time during which a lawsuit may be filed to collect the debt.

 

Thus, a time-barred debt is one which can no longer be collected by legal means due to the passage of time, e.g.¾lawsuits, wage garnis-hment, liens on real estate, etc. These buyers of old debts are “debt collectors” covered by the Fair Debt Collection Practices Act.

 

3325 total views, 0 today

Page 89 of 165 1 87 88 89 90 91 165
  • Debt Collectors -Recovery Services- MA

    by on July 25, 2026 - 0 Comments

    Entity Address Telephone Bonded Collection Corporation 49 Winter Street, Weymouth, MA, 02188 (312) 279-8300 GC Services Limited Partnership  GC Services 5230 Washington Street, West Roxbury, MA, 02132 (405) 621-6414 Western Mass Credit Corp. 70 Post Office Park, Suite 7011, Wilbraham, MA, 01095 (413) 596-9977 United Collection Bureau, Inc. 15 Union Street, Lawrence, MA, 01843 (419) […]

  • Debt Collection FAQs: A Guide for Consumers

    by on August 3, 2026 - 0 Comments

    Debt Collection FAQs: A Guide for Consumers If you’re behind in paying your bills, or a creditor’s records mistakenly make it appear that you are, a debt collector may be contacting you. The Federal Trade Commission (FTC), the nation’s consumer protection agency, enforces the Fair Debt Collection Practices Act (FDCPA), which prohibits debt collectors from […]

  • Debt Collectors -Recovery Services - PA & VA

    by on May 27, 2026 - 0 Comments

    Entity Address Telephone Monarch Recovery Management, Inc. 10965 Decatur Road, Philadelphia, PA, 19154 (215) 281-7500 Monarch Recovery Management, Inc. 9350 Ashton Road, Suite 101, Philadelphia, PA, 19114 (215) 281-7500 Central Credit Services, Inc. Five Neshaminy Interplex, Suite 117, Trevose, PA, 19053 (215) 333-2272 Tate & Kirlin Associates, Inc. 2810 Southampton Road, Philadelphia, PA, 19154 (215) […]

  • Vehicle Repossession: Understanding the Rules of the Road

    by on May 15, 2026 - 0 Comments

    Vehicle Repossession: Understanding the Rules of the Road Chances are you rely on your vehicle to get you where you need to go — and when you need to go — whether it’s to work, school, the grocery store, or the soccer field. But if you’re late with your car payments, or in some states, […]

  • What is arbitration?

    by on July 22, 2026 - 0 Comments

      Arbitration is the referral of a dispute to one or more impartial persons for final and binding determination. It is designed to be private, informal, quick, practical, and economical. Parties can exercise additional control over the arbitration process by adding specific provisions to their contract’s arbitration clause or, when a dispute arises, by modifying […]