Comments on: What is a credit card judgement and what would happen if they filed one on me? http://www.fn-live.com/what-is-a-credit-card-judgement-and-what-would-happen-if-they-filed-one-on-me.html Loan and Financial Info Mon, 01 Feb 2010 15:06:52 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: ask_marilynne http://www.fn-live.com/what-is-a-credit-card-judgement-and-what-would-happen-if-they-filed-one-on-me.html/comment-page-1#comment-1581 ask_marilynne Wed, 25 Feb 2009 09:23:36 +0000 http://www.fn-live.com/what-is-a-credit-card-judgement-and-what-would-happen-if-they-filed-one-on-me.html#comment-1581 First the terminology is that a judgement is filed by a lawyer basically suing you for the money owed to the creditor. I hope that you haven't gone to one of the agencies that tell you that they will settle your debts for a fraction of the amount owed. "Dealing with a debt collector can be one of life's most stressful experiences. Harassing calls, threats, and use of obscene language can drive you to the edge. What's worse, a collector may embarrass you by contacting your employer, family or neighbors. You may even be hounded to pay a debt that is not rightfully yours. Sure, collection agencies have a job to do. Even so, there are limits on how far a debt collector can go. This guide explains the federal Fair Debt Collection Practices Act (FDCPA) and other laws that apply to debt collectors. We provide information about how to stop calls from collectors and how to correspond with them about your account or to dispute a collection action. We also explain your right to privacy, and how debt collection efforts may affect your job, your credit report, even information in your medical files. " more at First the terminology is that a judgement is filed by a lawyer basically suing you for the money owed to the creditor. I hope that you haven’t gone to one of the agencies that tell you that they will settle your debts for a fraction of the amount owed.

“Dealing with a debt collector can be one of life’s most stressful experiences. Harassing calls, threats, and use of obscene language can drive you to the edge. What’s worse, a collector may embarrass you by contacting your employer, family or neighbors. You may even be hounded to pay a debt that is not rightfully yours. Sure, collection agencies have a job to do. Even so, there are limits on how far a debt collector can go.

This guide explains the federal Fair Debt Collection Practices Act (FDCPA) and other laws that apply to debt collectors. We provide information about how to stop calls from collectors and how to correspond with them about your account or to dispute a collection action. We also explain your right to privacy, and how debt collection efforts may affect your job, your credit report, even information in your medical files. ”

more at

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