Fraud Affects Every Community: Debt Collection | Federal Trade Commission


After 9/11, I knew
I wanted to serve. And I served my four
years in the US Army. I did a year and a half in
Iraq as a forward observer for US artillery. I loved every one
of the soldiers I served with there, still do. And it's carried
on to what I do now as a Veteran of Foreign
Wars service officer helping me fellow vets. When I got out of the
military, it was chaos. I worked two jobs at a time
just to support myself. I was moving from place
to place every year, until I put my act together
to go back to college to get my associates degree. That was around the
time when I would start getting debt collection
calls from third parties that I did not recognize. Bryan came to us
after he was served with a summons for court. A third party debt collector
was pursuing him for an old debt that he didn't recognize
what the debt was for. And a third party
debt collector is when a company decides
they can't collect the debt and they write it
off on their taxes.

And then they sell it to another
multi-million dollar company for cents on the dollar,
and then that other company tries to collect that debt. Working with Bryan, we
were able to determine that they weren't able
to provide the evidence sufficient to prove the case. Just by asking them
to try to prove it, they weren't able to do that. And we were able to
get the case dismissed. Scammers see
veterans as targets. If you're receiving these
harassing debt collection calls, don't feel like you've
been pushed in a corner. Don't isolate.

Fraud Affects Every Community: Debt Collection | Federal Trade Commission

There are services out there. We often tell veterans to
request proof of the debt. This is called a
validation letter. We would suggest that
people, if they're getting contacted
by debt collectors, to not ignore it and
look into the resources available through
agencies such as the FTC. [MUSIC PLAYING] .

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