This is exciting news for folks who may be behind on their student loans. President Obama has cut the commission that debt collectors get on student loans. Why does this matter? Student loan debt collectors are some of the most…
Posts Tagged With: R-FDCPA
California Debt Blog: FAQ: What is a validation letter and why should I send it?
Q: What is a validation letter and why should I send it? A: A validation letter is simply a letter to the debt collector telling them that you dispute the debt. It can be sent by either the consumer or…
California Debt Blog: Keep track of your settlements
I have had two cases recently that have shown me a disturbing trend: debt collectors settling issues and then turning around and demanding more money! In one case, Erica Brachfeld, who also goes by Brachfeld Law Group, settled a case…