**Disclaimer – Debtprison.net does not administer legal or financial advice. The contents of this website are my opinions on collection agencies and how to deal with them. Nothing on this website should be interpreted as legal advice or council. No opinions on this website should be used to replace the advice of your financial advisor [...]

Junk Debt Buyers, also known as Debt Acquisition companies, buy debt by the bulk in large portfolios.  Often, original creditors are selling debts that were absolved due to bankruptcy or debt settlement.  And collection agencies also sell debts in bulk to other collecting companies.  Why would anyone buy debt that legally can’t be collected on?  [...]

A recent reader at Sample Debt Validation Letter questioned as to whether or not requesting debt validation would prevent a collection agency from pursuing a judgment. Since his debts were nearly past the Statute of Limitations he was hoping to prevent payment and a possible appearance in civil court.  Debt validation often works on Junk [...]

If your debt is past the Statute of Limitations a collection agency or creditor can still sue you in civil court as an attempt to obtain a judgment.  So why does the Statute of Limitations (SOL) exist and how can you use it towards your defense?  If you have any questions pertaining to this article [...]

Can you avoid paying your debts by leaving the United States and will your debt or credit report follow you to another country? If you leave, will you be arrested when you return to the United States? Can you be arrested in the country you’re moving to for the debt you leave behind in the [...]

**Disclaimer – Debtprison.net does not administer legal or financial advice. The contents of this website are my opinions on collection agencies and how to deal with them. Nothing on this website should be interpreted as legal advice or council. No opinions on this website should be used to replace the advice of your financial advisor [...]

**Disclaimer – Debtprison.net does not administer legal or financial advice. The contents of this website are my opinions on collection agencies and how to deal with them. Nothing on this website should be interpreted as legal advice or council. No opinions on this website should be used to replace the advice of your financial advisor [...]