What is Debtorboards?
Debtorboards, operated by Simple Machines LLC, is a web forum where users or members can share tips on how to defend against debtors.
Debtorboards claims that up to date, debtorboards members have collected $388,151.12 from creditors and have beaten back lawsuits attempting to collect $335,197 from creditors.
Debtorboards covers all topics you can possibly think of regarding debt collection including credit basics, suing your creditors, laws and resources such as telephone consumer protection act, other federal statutes, rules, regulations and FTC opinions, case law, state laws, and all government agencies and organizations involved in credit and debt business such credit reporting agencies, original creditors, collectors and agencies, and consumer attorneys, bankruptcy, and the kindrox archive among others.
Debtorboards with 5886 members covers 8407 topics and 64550 posts.
This is a very informative information forum site. However, consumers may consider using their local attorneys to defend against wrongful debt collection.
For more information on Debtorboards, please visit the website at Debtorboards.com.
Some basic information for consumers
If you fail to pay bills, or a creditor mistakenly or deliberately make it appear that you do, a debt collector may be contacting you.
As a consumer, you are protected under the Fair Debt Collection Practices Act (FDCPA) enforced by the The Federal Trade Commission (FTC), the nation’s consumer protection agency. The law prohibits debt collectors from using abusive, unfair, or deceptive practices to collect from you.
Debt collectors can be collection agencies, lawyers and companies that buy delinquent debts and then try to collect them.
The Act covers personal, family, and household debts including money you owe on a personal credit card account, an auto loan, a medical bill,and your mortgage. The FDCPA doesn’t cover debts however you incurred to run a business.
You may want to talk to debt collectors at least once and then decide whether you want them to further contact you or not. If you decide not to see them again, put your thought in writing and send it to them in certified letters telling them you don't own the debt, or you can't repay it immediately. They will send you a letter specifying their action either telling you do not own the debt anymore, or they may tell you their further action like filing a lawsuit.
If you send the debt collector a letter stating that you don’t owe any or all of the money, or asking for verification of the debt, that collector must stop contacting you. You have to send that letter within 30 days after you receive the validation notice. But a collector can begin contacting you again if it sends you written verification of the debt, like a copy of a bill for the amount you owe.
Debtorboards And Coupon Mom Offer Help To Consumers Unlike Fraudulent Debt Settlement Companies
In these tough economic times it's very challenging to stay on top of the bills while paying down credit cards if you're an average working class citizen. For millions of Americans who are feeling the pinch of reduced hours at work, they turn to credit cards to help them through these tough times.
If you have a heavy credit card debt load and something goes wrong in your life it's easy to panic. Many turn to debt settlement companies, which are nothing more than parasites and vultures who prey upon the desperation of consumers trapped under the yoke of credit card debt.
If you are thinking about "working with" a debt settlment company prepare to be screwed...royally. They promise you that they'll get your debts settled for 30 cents on the dollar. However, there's one catch-you have to stop paying your creditors while you pay the debt settlement company each month. And, guess what? You have to "build up" the money in the account before they'll allegedly try to settle your debts.
For some people who are $20,000 in debt it may take three years or better to build up enough money in the debt settlment account before they can attempt to settle your debts. By that point you'll probably have been sued already and will have had your wages garnished. Thousands of people fall for the debt settlment scams and would be better of declaring bankruptcy especially considering there's no promise that a credit card company will negotiate. Then you're out all of that money and up the creek without a paddle.
Many of these debt settlment parasites try to associate themselves with President Obama's bailout programs, which is about as lowrent as it gets. Now that the bottom-feeding debt settlement companies are being exposed for fraud, hopefully Uncle Sam can outlaw this rotten industry. Senator Jay Rockefeller said he expressed "disdain and contempt" for practices that the Government Accountability Office found when they had investigators posing as consumers with debt problems contact twenty debt settlement companies.
For those who are under the gun from creditors there is somewhere for you to turn; Debtorboards.
Debtorboards.com is a community where they offer consumers ways to get back at the man so to speak.
Debtorboards educates troubled consumers with ways to defend themselves against the horrendous practices of debt collection agencies as well as ways to sue debt collectors. Face it, we all have a loved one or friend who has been in a tough situation and creditors use every tactic under the sun to try and get money out of them. Many of these people are buried under a mountain of debt, not by choice, but out of necessity. The cost of living in America has skyrocketed and many need to use credit cards just to put gas in their cars to get to work. Some need them to pay for medicine or even food for their families.
For those of you who aren't trapped in credit card debt hell, but looking to save a few bucks at the store, then Coupon Mom has some great tips for you. Coupon Mom's website at...well couponmom.com offers a plethora of printable grocery coupons. If you play your cards right you can save hundreds of dollars a year.
Stephanie Nelson, who is better known as Coupon Mom has a new book out called The Coupon Mom’s Guide to Cutting Your Grocery Bills In Half.
For consumers in good and bad situations, Couponmom.com is a great resource to save on your grocery bill.
Remember, if you're under a mountain of credit card debt your best options are to negotiate directly with credit card companies or to seek credit counseling. By no means, turn to a debt settlement company or your problems will multiply.
Debtorboards: Help for Debtors
What is a debtorboards? A debtor boards is a place to go online when you need help getting out of debt.
Steven Katz is a debt collector’s worst nightmare. Sound good? Than you’ve gotten a call from a debt collector. I’ve even gotten other people’s calls and let me tell you, they are the rudest of people.
According to the New York Times, a man named Steven Katz has been a bill collector and a trainer against debt collector, “For years, he has run what he calls the Steven Katz School of Bill Collector Education, otherwise known as the “’credit terrorist training camp.’”
Mr. Katz is 58 and won against the debt collector as he has experience from both ends of the spectrum. He has been a debt collector and had his credit score ruined.
Not knowing is the most dangerous thing you can do.
Mr. Katz has a website where if you need help with debt collectors, you can go and get that help.
Go to: www.debtorboards.com
Debtor boards is a website where someone can get real help and read real stories.
Mr. Katz has won $36,000 in judgments against terrorist debt collectors. Mr. Katz’s website runs a boot camp and the next one is in May in San Francisco at a cost of $2495.00 a person. It’s not cheap, but neither is debt. Go to www.debtorboards.com
for more information on how to fight back and not be bullied. If you have unsecured debt, it’s unsecured, so know what your legal rights are and good luck.
In this economic environment, many of us have suffered at the hands of unscrupulous debt collectors. Of course there are those people who have abused debt, but by far, the reverse is true. Good luck.
Debtoboards, debtoboards, debtoboards… an aid to consumers’ debts?
Debtoboards, debtoboards, debtoboards… an aid to consumers’ experiencing challenges in paying their debts?
“Debtorboards is geared to help people use the laws as they are on the books as both a shield and a sword,” stated by Mr. Katz. He won $36,000 from his own court case in opposition to collection agencies. Will the debtoboards serve as a night in the shining armor for consumers having debts?
Of course, debt collectors are barely satisfied with the court case trend.
Chief executive of ACA International, Rozanne M. Andersen, stated she was “extremely concerned” about the raise in lawsuits, which she said cost her industry hundreds of millions of dollars a year. She said much of the raise was the effect of vague language in the Fair Debt Collection Act.
Debt collectors are obligated, for instance, to recognize themselves on a voice message left for a consumer, she said. But they are also outlawed from telling a third party — counting someone who might overhear a phone message — about a consumer’s debt.
As Stated by Ms. Andersen: “We are between a rock and a hard place.”
Ms. Andersen said she had little endurance for Web sites that encouraged consumers to frustrate debt collectors. Debtoboards might be a threat to some industries due to lawsuits that may be raised against them.
“We believe those types of Web sites are encouraging people to not take responsibility for just debt,” she added.
Steven Katz is a nightmare for the financial debt collector.
This may sound good than receiving a call from Financial debt collectors. I’ve even received calls from other people and let me tell you, people who are rude.
According to the New York Times, a man named Steven Katz is a debt collector, along with trainer against debt collectors for credit cards, “For years, he has been what he called the Steven Katz School of Bill Collector Education, also known as a “terrorist training camp for a credit.”
Mr. Katz, 58 years old, earned him a debt collector credit card that has experience on both sides of the spectrum. He is a financial debt collector and had ruined his credit score.
Mr. Katz has a website where if you need help with financial debt collectors, who are able to go to get this support.
The debtor is an online community website where you can get real help and analyze the real story.
Mr. Katz has won $ 36,000 on the verdict is against terrorist debt collectors. Mr. Katz site begins training camp, and later you could be in San Francisco at a cost of $ 2,495.00 to an individual. Not cheap, but neither is the credit card debt. Go to www.debtorboards.com for more information about how you can defend and not be abused. If you have an unsecured debt that is not safe, so you know what your legal rights and good luck.
Learning How to Fight the Collector
Among debt collectors, Steven Katz is known as a “credit terrorist.” For years, he has run what he calls the Steven Katz School of Bill Collector Education, otherwise known as the “credit terrorist training camp.”
Mr. Katz, a 58-year-old accountant in suburban Tucson, spends his free time schooling debtors on the finer points of consumer protection law to help them turn the tables on debt collectors. On occasion, he thumbs his own nose at them too.
“How many times can I sue you? Let me count the ways,” he wrote under his pseudonym, Dr. Tax, in a March posting on Inside ARM, a debt collectors’ Web site.
A former bill collector himself, Mr. Katz rebelled after a debt buyer damaged his credit score with what he says was a bogus bill. Mr. Katz sued, and in 2003 he collected his first damage award, a $1,000 check that he now keeps framed behind his desk.
“The bill collectors, when they call, make you feel like the only option you have is to lay down and play dead. That’s not true,” said Mr. Katz said, who does not charge for his advice. “Nothing validates this more than getting a check.”
Call this movement revenge of the (alleged) deadbeats. Even as collectors try to recoup debts from millions of Americans struggling to pay their bills, a small but growing number of lawyers and consumers are fighting back against what they describe as harassment, unscrupulous practices — and, most important to their litigiousness, violations of the Fair Debt Collection Practices Act.
In fact, 8,287 federal lawsuits were filed citing violations of the act in 2009, a 60 percent rise over the previous year, according to WebRecon, a site that tracks collection-related litigation and the most litigious consumers and lawyers on behalf of debt collectors.
On Wednesday, the Supreme Court made it even easier for consumers to use the courts to fight debt collectors, ruling that collectors cannot be shielded from suits by claiming they made a mistake in interpreting the law.
When a consumer stops paying a bill, creditors often try to collect on their own for a few months. In many instances, the creditor hires another company to collect the debt. In other cases, they may dispose of the debt by selling it to a debt buyer for a steep discount.
Debt collectors and debt buyers are the targets of litigious consumers, since the debt collection law primarily applies to third-party collectors.
Peter Barry, a Minneapolis trial lawyer, is so bullish on the future of debt collection litigation that he holds several “boot camps” each year to share his secrets with other lawyers who want in on the action. If the debtor wins a court case under the act, the debt collector must pay the lawyer’s fees.
The next boot camp is being held in early May in San Francisco, at a cost of $2,495 a person for two and a half days of instruction.
“I can’t sue every illegal debt collector in America, although I’d like to try,” Mr. Barry said.
Mr. Katz can also claim some credit for the increase in lawsuits. For six years, he has run a free Web site called Debtorboards.com, where people share tips on topics like keeping a paper trail and recording calls from collectors.
He said the site received two million hits in 2009, a 60 percent increase over the previous year.
“Debtorboards is geared to help people use the laws as they are on the books as both a shield and a sword,” said Mr. Katz, who says he has won $36,000 from his own litigation against collection agencies. (Since many of the settlements are confidential, it is difficult to prove the claims of Mr. Katz and others).
Of course, debt collectors are hardly pleased with the litigation trend.
Rozanne M. Andersen, chief executive of ACA International, a trade association for the debt collection industry, said she was “extremely concerned” about the increase in lawsuits, which she said cost her industry hundreds of millions of dollars a year. She said much of the increase was the result of ambiguous language in the Fair Debt Collection Act.
Debt collectors are required, for example, to identify themselves on a voice message left for a consumer, she said. But they are also prohibited from telling a third party — including someone who might overhear a phone message — about a consumer’s debt.
“We are between a rock and a hard place,” Ms. Andersen said.
Ms. Andersen said she had little patience for Web sites that encouraged consumers to thwart debt collectors.
“We believe those types of Web sites are encouraging people to not take responsibility for just debt,” she said.