Page 3 of 3 FirstFirst 123
Results 21 to 22 of 22

Thread: Debt Collectors Have Figured Out A Way To Seize Your Wages And Savings

  1. #21
    Sage
    Hicup's Avatar
    Join Date
    Oct 2009
    Location
    Rochester, NY
    Last Seen
    12-07-17 @ 03:18 PM
    Gender
    Lean
    Very Conservative
    Posts
    7,846

    Re: Yeowch! Scarey stuff! Debt collectors new methods.

    As someone who has 1. Successfully sued the AG of Canada and her Majesty the Queen and won, and two, successfully sued a third party collection agency and won, I can tell you that knowledge is tremendous power when it comes to debt and debt collection. Both in Canada, and the USA the "laws" are NOT skewed in favor of banks or debt collectors, in fact the reverse is true.


    Tim-
    “When buying and selling are controlled by legislation, the first things to be bought and sold are legislators.” - P. J. O’Rourke
    “Socialism is great until you run out of someone elses money” Margaret Thatcher

  2. #22
    Banned
    Join Date
    Sep 2012
    Location
    Chicago
    Last Seen
    10-30-14 @ 12:38 AM
    Gender
    Lean
    Libertarian
    Posts
    7,908

    Re: Debt Collectors Have Figured Out A Way To Seize Your Wages And Savings

    Quote Originally Posted by Enola View Post
    Debt Collectors Have Figured Out A Way To Seize Your Wages And Savings

    So...if a debt collector says you owe them 2500 bucks on a mastercard you don't own, they can take your house that is worth 60,000? Is that the new thang going on?
    They cant legally do that. At the very most they could put a lien against your house.

    Now the government on the other hand - they will take whatever the hell they want if you owe them a dollar.

    Either way, the best thing to do is NOT get into debt.

Page 3 of 3 FirstFirst 123

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •