Source: Los Angeles Times
Date: Sunday, September 18, 2016
Article: How to Handle Expired Debt
Writer: Sean Pyles
U-$0.10-B-0.006065-BE-17
Go to Answer Key
Go to 2016 Articles and Book Directory
Questions
1. What is debt that is older than the statute of limitations?
2. What 3 pitfalls do collection agencies have?
3. What should a debt collector send you within 5 days of first contacting you?
4. What does "time-barred debt" mean?
5. What should a validation notice include?
6. How long do you have to dispute/challenge a debt before it's deemed accepted by default?
7. What happens temporarily if you dispute debt?
8. What happens if you dispute the debt after 30 days?
9. Who do you contact if you feel a debt collection agency is violating your consumer rights?
10. What happens if you pay a little of the debt and not the whole amount?
11. Can you be sued for payment on time barred debt?
12. How do you get ride off time-barred debt?
Reference:
https://www.nerdwallet.com/blog/author/spyles/
Date: Sunday, September 18, 2016
Article: How to Handle Expired Debt
Writer: Sean Pyles
U-$0.10-B-0.006065-BE-17
Go to Answer Key
Go to 2016 Articles and Book Directory
Questions
1. What is debt that is older than the statute of limitations?
2. What 3 pitfalls do collection agencies have?
3. What should a debt collector send you within 5 days of first contacting you?
4. What does "time-barred debt" mean?
5. What should a validation notice include?
6. How long do you have to dispute/challenge a debt before it's deemed accepted by default?
7. What happens temporarily if you dispute debt?
8. What happens if you dispute the debt after 30 days?
9. Who do you contact if you feel a debt collection agency is violating your consumer rights?
10. What happens if you pay a little of the debt and not the whole amount?
11. Can you be sued for payment on time barred debt?
12. How do you get ride off time-barred debt?
Reference:
https://www.nerdwallet.com/blog/author/spyles/
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