Consumers across the country say they are being harassed into paying bills they don’t owe to a company that no longer exists. And it’s not the first time. Hollywood Video and its parent company, Movie Gallery, went out of business in 2010 and declared bankruptcy. About 3 million U.S. residents owed money to the firm…
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Any type of debt harassment is a pain. But what about debts that have literally risen from the dead? Zombie debt is a debt that is old and often forgotten, or is a settled debt being brought back by a creditor or a collection agency claiming that it has no record of payment. Old debt…
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one day out of the blue, you get a call from a collection agency that claims that you not only still owe the original $1500, but also owe thousands of dollars in interest. According to the collection agency, there is no record of the theft and they warn you that if you do not pay back the debt ASAP, your credit will be permanently ruined