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  2. What to do about a bank account levy - AOL

    www.aol.com/finance/fight-creditor-account-levy...

    A bank levy is a legal action taken against you by a creditor or debt collection agency. A levy allows the creditor to take funds directly from a bank account to satisfy unpaid debts or taxes.

  3. Demand letter - Wikipedia

    en.wikipedia.org/wiki/Demand_letter

    A demand letter, letter of demand, [1] (of payment), or letter before claim, [2] is a letter stating a legal claim (usually drafted by a lawyer) which makes a demand for restitution or performance of some obligation, owing to the recipients' alleged breach of contract, or for a legal wrong. Although demand letters are not legally required they ...

  4. How long can a debt collector pursue old debt?

    www.aol.com/finance/long-debt-collector-pursue...

    Debt collectors are required to provide you with a written notice within five days after first contacting you about a debt that includes the name of the original creditor and the amount owed, as ...

  5. Dunning (process) - Wikipedia

    en.wikipedia.org/wiki/Dunning_(process)

    Sample dunning record, from a 1913 business manual. Dunning is the process of methodically communicating with customers to ensure the collection of accounts receivable. Communications progress from gentle reminders to threatening letters and phone calls and more or less intimidating location visits as accounts become more overdue. Laws in each ...

  6. Debt validation - Wikipedia

    en.wikipedia.org/wiki/Debt_validation

    Debt validation, or "debt verification", refers to a consumer's right to challenge a debt and/or receive written verification of a debt from a debt collector. The right to dispute the debt and receive validation are part of the consumer's rights under the United States Federal Fair Debt Collection Practices Act (FDCPA) and are set out in §809 of that act, which has been codified in Title 15 ...

  7. How to Deal With Debt Collectors, According to Experts

    www.aol.com/finance/deal-debt-collectors...

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