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I hear and read from people rant about how rude and obnoxious debt collectors are and about how they can't hold a job and are basically temps... I am a professional debt collector and have been for years. I am a stable family/business person who pays all my bills and get treated poorly over all kinds of minor things that are really uncalled for. "Wrong number" is a lot easier than some soliloquy about your phone history, and yet, I let people vent and apologize for the inconvenience.

I recently recieved a summons and i have 20 days to appear..I also have old cc that havnt been paydoff and maybe 3 other sumonses i never showed up to... What should i expect when i do go this time and see whoever it is..will the other summonses matter at all??

A judgment was just awarded to Discover Bank against me for $9K. Does any one know if they are willing to settle and close out the judgment or do they go after your bank account. Any help appreciated. Thanks

my bank account was just levied today, monday, from the state not the irs. from what i understand they can only take a payment once. at least from that levy. but they can get another levy again. can they keep taking more money if it is deposited? my federal taxes are due to be direct deposited on friday and i am VERY worried they will take that also. from what i have been reading on the internet they freeze your account for 21 days and you cant withdrawl any money. anybody know for sure how this works? the thought of losing 5500 dollars is making me sick.

can someone elaborate on this? here is an scenarion: 1. asset: - house - market value 300k with 325k mortgage balances - cars - value 30k - loans on these cars 25k - personal stuff - 10k - credit cards debt - 100k so total asset is 340k and total liability 450k so let say I settle this 100k for 30k technically 70k is gain and I should pay tax on it but because 450k minus 70k is still grater than total asset (340k) I won't need to pay any taxes on this 70k I was able to write off...

We owe money to American Express, United Recovery Systems took over to collect the bill. I talked to them several times to set up payments, but I was told they still had to have late notices on the account. I asked them if they could please drop the fees, again they said no. I tried everything to work with them and I finally just gave up because I could not pay what he was asking. They called everyday, Can they call everyday?

We are about to consolidate our store front payday loands with a consolidation company. We deal with CHASE bank and our rep requested that we close the account. We specifically went by our brank to talk to a branch manager and he has assured us that once the account is closed, it is closed and nothing will go thru it. No matter what. He assured us that ach presentations, check presentations, etc, could not and would not open the account once it is closed. We were more at ease.

After first being contacted by a collection agency/attorney, what time frame do they operate in? If I send the DV letter and they reply, then what? If we can't come to payment arrangments that we both can live with, will they then go to court? Is there a minimum amount the debt must be before an out of state collection agency will file a claim in court? How much must payment be in order to avoid a court case?

I got three loans from TERI in 2006-2007. They were cosigned with my mother. They were also in Deferrment until I filed for Ch. 13 Bankruptcy last august. Now they are in default. (my attorney did not tell me this would happen, and I was stupid and did not do my research) Do I have any options about doing a settlement, etc for these loans? I need to get this taken care of so it stops hurting my moms credit report. Help please!

My husband and I are trying to buy our first home, I have a great score but his lowest is 566 so we need to take care of his past debts asap. On the credit report that we just pulled, there is a Complete Credit Soulutions - circuit city collection-. The limit or hightest credit was $1788 but the balance owing and the past due amount is $4087. How he owe them more than the credit they gave them? What will we be responsible for paying? Chase/CC - "collection closed - credcit grantor charge off". What does "colledction closed" and "charge off" mean.