Thank you for sharing your experience lovem2013. We know you can’t give legal advice to litigants, but CFPB has a lot of information for consumers needing help with debt collectors on their web site that you could refer people to. Because of your experience at a local city court, other information you can share in response to CFPB’s questions on our litigation in state and local courts post would be helpful. You mentioned that most debtors in your city do not know how to proceed after being summoned, mostly because of the legalese. Is there any standard plain language that you could help getting over the legalese? You also said that some summonses filed with the court only have the amount due. Aren’t collectors required to provide a minimal amount of information in court to show that consumers owe the debt, and that the collector has the right to collect the debt? What kind of information is often missing from collectors’ filing?
I have been falsely subserved twice. Both times resulted in verdicts against me. Thank you for taking the time to express your viewpoint, which should carry a LOT OF WEIGHT since you are in it at the ground level. If I had not been falsely subserved, it is possible that the debt collector would have been more humbled and more amenable to my extremely generous offer of agreeing to the pay the debt in full based on what it was at the time of the default, as long as I could start with a very low monthly payment and build it up over time. And as along as I was honoring my word, the debt would no longer be reported negatively on my credit report. But I never got that far because the debt collection companies simply hired someone who would deliver a service, no questions asked as to its legality.
Moderator
1
Thank you for sharing your experience lovem2013. We know you can’t give legal advice to litigants, but CFPB has a lot of information for consumers needing help with debt collectors on their web site that you could refer people to. Because of your experience at a local city court, other information you can share in response to CFPB’s questions on our litigation in state and local courts post would be helpful. You mentioned that most debtors in your city do not know how to proceed after being summoned, mostly because of the legalese. Is there any standard plain language that you could help getting over the legalese? You also said that some summonses filed with the court only have the amount due. Aren’t collectors required to provide a minimal amount of information in court to show that consumers owe the debt, and that the collector has the right to collect the debt? What kind of information is often missing from collectors’ filing?
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Debt Neutrality Petition
2
I have been falsely subserved twice. Both times resulted in verdicts against me. Thank you for taking the time to express your viewpoint, which should carry a LOT OF WEIGHT since you are in it at the ground level. If I had not been falsely subserved, it is possible that the debt collector would have been more humbled and more amenable to my extremely generous offer of agreeing to the pay the debt in full based on what it was at the time of the default, as long as I could start with a very low monthly payment and build it up over time. And as along as I was honoring my word, the debt would no longer be reported negatively on my credit report. But I never got that far because the debt collection companies simply hired someone who would deliver a service, no questions asked as to its legality.
View this comment in the discussion thread