debt collectors

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What if I told you you could fight back against debt collectors and make them pay you?

Well, that’s exactly what today’s returning guest, Vance Dotson, does for a living! Vance has the most unique business I’ve ever heard of. 

He’s not an attorney yet makes millions of dollars suing debt collectors, banks, and credit bureaus. He’s back today to tell us more crazy stories, explain a big FDCPA update, and share some important legal cases every Credit Hero needs to know. 

Vance also shares some fantastic new tactics for credit repair business, so you better stick around!

Key Takeaways:

• Intro (00:00)
• How Vance Got Into Suing Debt Collectors (02:20)
• You Don’t Need a Lawyer to Sue (11:05)
• New Regulation in the FDCPA (13:33)
• Most Common Violations by Debt Collectors (15:28)
• Biggest Mistake People Make and How to Avoid It (17:30)
• A Big Win (19:54)
• Important Cases Credit Heroes Should Look Into (21:51)
• New Tips and Advice for Credit Repair Businesses (25:24)
• Rapid Fire Questions (30:16)
• Outro (32:15)

Additional Resources:

- Get a free trial to Credit Repair Cloud

- Get my free credit repair training  

- Credit Report 101: A Beginner's Guide to Reading & Disputing!

Make sure to subscribe so you stay up to date with our latest episodes.

Sign up for our brand new 14-day Credit Hero Challenge.
Get Your FREE Goodwill Deletion Letter Template.

Hey, Credit Heroes!

Roughly 28% of Americans have at least one debt in collections. And the recession, high student debt, and lack of affordable health care are only making things worse. And what happens when a debt goes into collections? 

Well, when a debt goes into collections, the impact on your credit score is devastating. It damages your credit score, makes it harder for you to get loans and debt collectors start harassing you!

To make it worse - debt collections are one of the most derogatory items that can appear on your credit report. 

But don’t worry. There are four proven tactics for removing collections from credit reports. In this week’s episode, I explain each one. 

So you better stick around! 

Key Takeaways:

• Intro (00:00)
• The impact of collections and how to remove them (00:52)
• Tactic number one (04:05)
• Tactic number two (05:32)
• Tactic number three (06:03)
• Tactic number four (06:53)
• My final point (08:21)
• Credit Hero Score (08:36)
• Community Spotlight (09:00)
• Outro (10:11)

Additional Resources:

- Get a free trial to Credit Repair Cloud

- Get my free credit repair training  

- My interview with Millionaire Club member Robin

Make sure to subscribe so you stay up to date with our latest episodes.

Sign up for our brand new 14-day Credit Hero Challenge.

Hey, credit heroes! 

Medical debt has become a huge problem in the United States. Healthcare prices are out of control and over the last five years, more than half of American adults have gone into debt because of medical bills. 

The situation has become so bad that people are calling Ubers instead of ambulances! And of course, these medical debts reflect badly on credit reports. 

Meanwhile, the credit bureaus are throwing sand in our eyes with policies that won’t help the majority of people struggling with medical debts. 

So instead of relying on them, you need to learn how to fight back!

How? 

Find out in this week's episode! 

Key Takeaways:

• Intro (00:00)
• Medical debts explained (00:58)
• The ineffective policy changes (03:15)
• How to delete medical collections from your credit reports (04:39)
• This isn’t about discipline (08:14)
• Outro (08:59)

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Additional Resources:

• Get a free trial to Credit Repair Cloud
• Get my free credit repair training  
• My interview with Millionaire Club member Robin

Make sure to subscribe so you stay up to date with our latest episodes.

Financial advisers help you get rich and financial counselors deal with the less fortunate who find themselves in a hole – what can we learn from them? Financial counsellor Rob Burgess of Mortgage Stress Victoria joins Wealth Editor James Kirby on this week’s episode. They discuss what a financial counsellor is and why you would need one, why gamblers are treated separately in counselling, if Centrelink is an Orwellian nightmare or a useful operation, and the rules of the game for debt collectors.

Questions for the podcast always welcome at moneycafe@theaustralian.com.au

See omnystudio.com/listener for privacy information.

Please join Consumer Financial Services Partner Chris Willis and his guests and colleagues Stefanie Jackman and Sarah Reise as they discuss the intersection of fair lending with collections. They cover which types of third-party debt collection processes could be subject to a fair lending review, the difference between disparate treatment and disparate impact, how the CFPB may review collection-related decisions, what a basic fair lending analysis may look like for collectors, the processes likely to be targeted for a fair lending review, and what collectors can do now to update their compliance management system and assess their operations to identify and mitigate potential fair lending issues.

Consumer Financial Services Partner Stefanie Jackman focuses a significant portion of her practice on providing compliance-related advice to her clients. She regularly counsels clients on conducting compliance assessments relating to their debt collection, credit reporting and dispute resolution processes, fair lending and underwriting, and vendor oversight, as well as the functionality of their overall compliance management system.

Sarah is counsel in the firm’s Consumer Financial Services Practice Group where she represents clients in financial services and mortgage banking in cases involving all aspects of consumer financial services and products, including claims arising under state and federal lending statutes and consumer protection laws, such as the Fair Credit Reporting Act (FCRA), the Fair Debt Collections Practices Act (FDCPA), the Real Estate Settlement Procedures Act (RESPA), and the Truth in Lending Act (TILA).

Famed Director, Stuntman, Stunt Coordinator, and writer, Jesse V. Johnson returns to the show to discuss his new, highly acclaimed film, Hell Hath No Fury (2021). This Well Go USA Entertainment release hits theaters next week.

Directed by Jesse V. Johnson and starring Nina Bergman, Daniel Bernhardt, Louis Mandylor, Timothy V. Murphy, Dominiquie Vandenberg and Josef Canon; HELL HATH NO FURY is at its essence a story about one woman who single-handedly takes on the might of the German war machine, a ragtag unit of US infantrymen, and the likes of the French resistance as each faction searches for a cache of gold stolen by the Nazis.

Taekwondo Life Magazine has consistently covered Johnson's films, including his Scott Adkins' collaborations in The Debt Collector Films, Avengement, Accident Man, and Savage Dog. Johnson is also responsible for The Beautiful Ones, The Mercenary, and Triple Threat. All these films have the common link of elevating the level of drama, cinematography, acting's and direction on action films.

Hell Hath No Fury is a triumph of film making. Be sure to check out our review on our website.

· Director JESSE V. JOHNSON (Triple Threat, Avengement, The Debt Collector)

· NINA BERGMAN (Doom: Annihilation, Assassin X, video game Call of Duty: Black Ops 4)

· DANIEL BERNHARDT (The Matrix Reloaded, John Wick, Atomic Blonde)

· LOUIS MANDYLOR (The Debt Collector, My Big Fat Greek Wedding I and II)

· TIMOTHY V. MURPHY (Snowpiercer, Sons of Anarchy)

· DOMINIQUIE VANDENBERG Former French Foreign Legion Special Forces soldier and knife-fighting technician (Triple Threat, The Mercenary, Martin Scorsese’s Gangs of New York)

· JOSEF CANNON (Helsing University)

* This episode is presented by BETONLINE. BET ONLINE is your online Sports Book expert.

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Many Canadians are juggling their finances - trying to keep all their payments current. But if you have become delinquent on any of those credit accounts -  that debt may wind up in collections. This means your original lender has sent your account to a collection agency who will contact you repeatedly in an effort to see the debt paid. But what are your rights?  Here’s an opportunity to find out what creditors and collection agencies can and can’t do. In today’s podcast Licensed Insolvency Trustee, Mark Marshall from Allan Marshall & Associates delves into this topic.

Find out the best way to deal with collection calls, when and where collection agencies can contact you and how to correspond with them.  A few of the topics covered in this episode are:

• How and when creditors are allowed to contact you
• Things you can do to get them to stop
• Informal and formal proposals to clear your debt
• What to do when the contact turns into harassment.

Licensed Insolvency Trustees (LIT) are federally regulated and approved by the Canadian government. They are the only professionals that can administer formal proposals such as a Consumer Proposal or Bankruptcy. An LIT can also help you prepare an informal proposal to settle the debt on your own.

About Mark Marshall

Mark Marshall has been working in the insolvency field for 20 years. He received his Licensed Insolvency Trustee accreditation in 2012 and has also been an active board member with Music NB. He endeavors to give each client he meets advice on all of their available options so they can proceed with the knowledge they need to make an informed decision.

Additional Resources 

• Allan Marshall & Associates - Licensed Insolvency Trustee | Bankruptcy Trustee
• Stop Collection Calls From Creditors: Dealing With A Debt Collection Agency
• Never-Ending Debt And How To Stop It - We Can Help

In today's episode, attorneys Garret Kirkpatrick, Ron Jones, and John Sperati explore what creditors need to know in order to remain fully compliant with the Uniform Commercial Code when sending pre-and post-sale deficiency notices to debtors in North Carolina and South Carolina.

Garret Kirkpatrick is a member of the firm's Consumer Financial Services Litigation and Compliance group. In his role, Garret focuses on assisting clients with pre-suit negotiations, litigation, and advocacy in matters involving consumer financial services litigation and compliance, bankruptcy, and commercial litigation.

Ron Jones is a partner at Smith Debnam and a certified specialist in bankruptcy and debtor-creditor law by the South Carolina Supreme Court. Ron concentrates his practice in the areas of commercial law and bankruptcy, including all areas of creditors’ rights, such as the Uniform Commercial Code, Consumer Protection Code, the Fair Debt Collection Practices Act, Claim and Delivery, Replevin, Foreclosure Law, Real Estate and Bankruptcy. Ron represents both secured and unsecured creditors, lenders, lessors, investors, asset purchasers, creditors’ committees, and occasionally, debtors.

John Sperati is a partner and member of Smith Debnam’s Creditors’ Rights Practice group. He concentrates his practice in commercial creditor bankruptcy, foreclosure and real estate litigation, structured settlement transfer, judgment domestication and enforcement, construction litigation, commercial litigation, equipment leasing and finance, and creditors’ rights. 

In this episode, attorneys Jerry Myers and Caren Enloe discuss the Bona Fide Error Defense under the Fair Debt Collection Practices Act, including what a Bona Fide Error Defense is and how a collector may use it to their advantage. We also outline some of its disadvantages as well.

Caren Enloe leads Smith Debnam’s Consumer Financial Services Litigation and Compliance group. In her practice, she defends consumer financial service providers and members of the collection industry in state and federal court, as well as in regulatory matters involving a variety of consumer protection laws.  Caren also advises fintech companies, law firms, and collection agencies regarding an array of consumer finance issues.

An active writer and speaker, Caren currently serves as chair of the Debt Collection Practices and Bankruptcy subcommittee for the American Bar Association’s Consumer Financial Services Committee. She is also a member of the Defense Bar for the National Creditors Bar Association, the North Carolina State Chair for ACA International’s Member Attorney Program, and a member of the Bank Counsel Committee of the North Carolina Bankers Association. Most recently, she was elected to the Governing Committee for the Conference on Consumer Finance Law. In 2018, Caren was named one of the “20 Most Powerful Women in Collections” by Collection Advisor, a national trade publication.

Caren oversees a blog titled: Consumer Financial Services Litigation and Compliance dedicated to consumer financial services and has been published in a number of publications including the Journal of Taxation and Regulation of Financial Institutions, California State Bar Business Law News, Banking and Financial Services Policy Report and Carolina Banker. 

Jerry Myers is Smith Debnam’s Managing Partner. He concentrates his practice in the area of creditors’ rights, with an emphasis on debt collection, judgment enforcement, and commercial litigation. Jerry served as President of the Commercial Law League of America, an organization of creditors’ rights professionals, and is certified in the field of Creditors’ Rights Law by the American Board of Certifications. Jerry is an active member of the National Creditors Bar Association, presenting CLE programs and serving on committees. Jerry was also instrumental in forming the North Carolina Creditors’ Bar Association, a specialty bar whose members are committed to advocating for the rights of lenders and others in the credit and collections industry.

Jerry’s practice includes litigation, regulatory compliance, and licensing matters, and general business representation. He has practiced in the creditors’ rights field for more than 30 years and has written and lectured extensively on debt collection and judgment enforcement. Jerry has presented CLE programs sponsored by institutions including Wake Forest University School of Law, the North Carolina Bar Foundation, the Commercial Law League of America, and the National Creditors Bar Association.

As the second decade of the 21st Century draws to a close we figured it was a good a time as any to list our top 5 fight scenes so far this Century. The criteria for this list was that the film needed to be a martial arts film released since the year 2000, and the fight scene needed to be a “person to person” fight. Fight scenes with multiple opponents were excluded. Here are our Best One-on-One fight scenes of the 21st Century, so far. Can you guess which films we chose? Have your own suggestions, visit us at www.tkdlifemagazine.com and let us know.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Scams, scams, and more scams! False, illegitimate, or even worse, illegal debt collection agencies are popping up left and right. How do you know when to pay a debt and when not to pay a debt, or what’s real and what’s not?

If you haven’t yet been approached by clients who have been harassed by debt collectors, you will soon, and you need to know what to do and what NOT to do to help and protect them. 

The FDCPA  (or the Fair Debt Collection Practices) was created to prevent unfair, deceptive, or abusive practices by debt collectors. But, too often, it doesn’t stop them from breaking the law in an attempt to collect on the debt. 

However, once they do break the law, it’s possible not only to stop the harassment but also to be awarded a settlement!

As you’re becoming an expert in credit repair, it’s important to understand the regulations so you can advise your clients on how to respond and whether they are being treated unfairly according to the law. 

In this episode, I’m going to give you the tools you need in your toolbelt, so you can strike back against debt collectors - AND WIN! 

Key Takeaways for This Week:

• How to protect your credit repair clients from scammer debt collectors (1:00)
• Illegal debt collection agencies are betting your client won’t put up a fight (2:36)
• The three major FDCPA restrictions on debt collectors (3:38)
• How quickly does your client need to answer a letter from a debt collector? (6:34)
• How does having a paper trial protect your client against debt collection scams? (7:07)
• Top 7 ways to strike back against debt collectors (7:37)
• What I learned from one of my recent episodes with Ray Bueno (9:14)

Additional Resources:

• Get a free trial to Credit Repair Cloud
• Sign up for the Credit Hero Challenge

Make sure to subscribe so you stay up to date with our latest episodes!

Scott Adkins is the leading martial arts movie star in the world today. Growing up in the United Kingdom he had a passion for martial arts and the movies. By age 9 he began his martial arts journey, starting with Judo, and moving on to Taekwondo. He later ventured into the study of Ninjutsu, Krav Maga, Karate, Wushu, Jiujitsu, Muay Thai, and Capoeira. This interview with Taekwondo Life Magazine comes on the release of Scott's highly anticipated sequel to the 2018 Jesse V. Johnson collaboration, The Debt Collector. Debt Collectors (2020) released in the United States on May 29, 2020 to both critical and fan acclaim.

Scott spoke with Editor, Marc Zirogiannis, amidst the Corona quarantine about his dual passion for movies and the martial arts. Scott talked candidly about his process for choosing and making high quality martial arts films. In this episode we learn about his journey from the Hong Kong movie scene, where he won the Jackie Chan Award in 2017, to becoming a leading man, fight coordinator, co-writer, and producer of such movies as Accident Man, Avengement, Triple Threat, Ninja, Ninja: Shadow of a Tear, Savage Dog, and the upcoming Adrian Bol film, Legacy of Lies.

This interview provides a great insight into a bright, driven, and successful man and martial artist that has charted his own roadmap for personal and professional success.

To find out more about Scott Adkins:

His website: http://www.scottadkins.com/home.htm
YouTube Channel: Scott Adkins
Instagram: @thescottadkins

Support the show (https://squareup.com/store/tae-kwon-do-life-magazine/item/podcast-support-donation)

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Debt Collectors (2020) is bloody good fun. This sequel to the 2018’s The Debt Collector, picks up shortly after the explosive end of the original film. A nearly healed French and Sue are reunited for a few final debt collections for their old boss, Tommy, (Vladimir Kulich skillfully reprising the role), as a payback for saving their lives. In the tradition of its predecessor, the duo’s journey to Las Vegas and back to Los Angeles is fraught with obstacles and adversity as vehicles for the film’s bone-crushing action sequences. As the story unfolds we learn that these jobs are more than they appear to be, and have a dangerous connection to their deceased nemesis, Barbosa.

Debt Collectors defies the typical notion that “buddy films” have to be formulaic to be successful. Furthermore, it defies the convention that sequels are rarely as good, or even better than, their predecessors. Debt Collectors is fun, explosive, well-scripted, and well directed movie in its own right. As a stand alone it equals, or surpasses The Debt Collector, as a film. Jesse V. Johnson, together with Scott Adkins, have carved out a niche’ as filmmakers that have elevated the action film from a genre where the script and dialogue are ancillary. Their films elevate the elements that support the action and fight choreography as holistic and indistinguishable elements of a great film.

In this episode Marc Zirogiannis discusses The Debt Collector Series and reviews this action film.

Debt Collectors hits DVD and streaming services on May 29th. I highly recommend it. In fact, during this time when people are consuming more video content, I recommend you make a double-feature of it. Watch these two films back-to-back. They are worth the investment of your time.

To Check out Taekwondo Life Magazine's discussion with Jesse V. Johnson:

https://www.buzzsprout.com/269195/1747897

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See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.