How will paying off old debt affect my credit?

Dear Consumer Ed:  I had a bill that went into collections. Now that I’ve paid it in full, will this continue to negatively affect my credit?

Will inquiring about an old debt make it active again?

Dear Consumer Ed:  If I ask questions about an old debt that might have expired, will that make it active again? I’m not sure what the original debt was for before it was sold to a debt collector, and I need to find out the date the debt was incurred.

Car repossession

Dear Consumer Ed:  Once your car is repossessed, how much time are you given to pay the overdue amount before your vehicle is sold? Also, how long does a repo company have to wait before getting rid of any belongings you left in the vehicle?

Defaulted Student Loans

Dear Consumer Ed:  I have an old student loan debt that I defaulted on in 2004. It is still on my credit report. I thought the statute of limitation on debt was six years. Don’t they have to remove this from my credit report by law? Also, is a collection agency still allowed to garnish my wages for this?

Can Social Security benefits be garnished?

Dear Consumer Ed:  I receive monthly Social Security benefits that are deposited directly into my bank account.  I just received notice that my bank account was garnished by a creditor and that my funds have been frozen and will soon be turned over to the court.  I thought that Social Security benefits were exempt from garnishments of creditors.  What can I do to stop the garnishment and get access to my money?

Debt collector is harassing me

Dear Consumer Ed: A debt collection agency has been harassing me about a retail debt that was incurred many years ago.  They are calling relatives and my employer and going into details about the debt, providing home addresses and vehicles my children own. They are threatening to send legal documents to my employer even though there has been no filing with the courts. When I asked the caller to provide the spelling of the company name and the address, the woman would not provide the information and proceeded to yell, curse and insult me.  Aren’t these actions illegal? I just want to get them to stop calling me and others about this. What can I do? 

Price Gouging

Dear Consumer Ed:  I see stores charging exorbitant prices for groceries, toilet paper and hand sanitizer.  One store I went to is charging $11 for six rolls of toilet paper and $6 a pound for ground beef. Isn’t this price gouging?  

Ambulance company has not refunded overpayment

Dear Consumer Ed:  A year ago I overpaid an ambulance service and am having a hard time getting the overpayment returned. I have called several times, but nothing has happened. What can I do?

Can I get rid of a judgment lien against my home?

Dear Consumer Ed:  I just found out that there is a judgment lien against my house.  How does this affect my house?  How long will the lien be there?  What can I do to get rid of the lien? 

How long does medical debt stay on your credit report?

Dear Consumer Ed:  How long does medical debt stay on your credit report?