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Tag Archives for: "debt collector"
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Does the Fair Debt Collection Practices Act apply to original creditors, or is it limited to third-party debt collectors?

The Fair Debt Collection Practices Act applies to third-party creditors only; it does not apply to original creditors. However, most creditors will respect the law even if they are the original [...]

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What is the Fair Debt Collection Practices Act?

The Fair Debt Collection Practices Act is a federal law that regulates the behavior of collection companies. It typically applies to third-party debt collectors as opposed to original creditors, [...]

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How much will a typical credit card company or debt collector accept to pay off the debt?

Typically debts are settled in the range of 40 to 50 cents on the dollar. Sometimes the range is lower, and in some rare instances it can be as low as 7 or 8 cents on the dollar. But typically [...]

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Trident Debt Solutions, Inc. is a registered trade name of Stephen T. Craig, PC, a Colorado law firm.
Stephen T. Craig is a federally designated debt relief agent and bankruptcy attorney who helps people file for bankruptcy relief under the Bankruptcy Code. He also provides alternative to bankruptcy.
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