I think, from where you've
heard the term, is basically about debt collectors who don't follow
FDCPA rules to collect debts. For example, they may call the debtors at
midnight or threaten for the collection of the unpaid amount.
If you face such a situation, you can file a complaint with the CFPB
online. You can also contact your state's attorney general and file a
complaint.
There is yet another
definition of this term. Bad debt collection or bad debt recover refers
to the payments received after a debt has been charged off and has been
declared uncollectible. Even after a debt has been charged off or
written off, collection efforts can continue to receive payments.
Some debt collection practices
are illegal. For example, calling the debtor all the time, disturbing,
abusing, and threatening. If you are facing this kind of things, then
make a complaint against them.
Bad debt collection means the
payments which have been received by the collection agency after a debt
has been charged off and considered as uncollectible.
If you face such a situation, you can file a complaint with the CFPB online. You can also contact your state's attorney general and file a complaint.
Sub: #1 posted on Thu, 06/20/2019 - 00:47
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Sub: #2 posted on Thu, 06/20/2019 - 02:34
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Sub: #3 posted on Fri, 06/21/2019 - 06:11
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Sub: #4 posted on Mon, 06/24/2019 - 07:15
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