Wait! Zombie Debt Collector owned by Navient, formerly Sallie Mae?

Sometimes when I trace the ownership and corporate governance of a company that I believe is misbehaving, I discover it is actually part of another larger company with a more respected reputation. Relationships like this aren’t always easy to follow, connect or confirm.

Pioneer, proudly owned by Navient

Pioneer, proudly owned by Navient

I often wonder if something that I was told a long time ago is true: when it comes right down to it, the banks and major corporations all over the world are really controlled by about five families who own it all.

I am working on a case of Zombie debt where the debt collector has been kind enough to respond to letters and has provided all kinds of information in writing that illustrates their practices. The young woman being targeted is about 6 years out of college, and the debt seems to be connected to time period during college. They must believe she is more vulnerable to Continue reading

Are You a Victim of Zombie Debt Collectors and Debt Scavengers?

zombieHave you received a notice from a Debt collector insisting you owe a debt long forgotten, long paid, or perhaps you’d never heard about?

You may be the victim a Zombie Debt Collector!

Are you being told that even though you don’t remember, paid or never heard of this debt, a debt collector is willing to make a deal with you? Pay us half of what you owe (plus fees of course) and we’ll call it a day.

The Zombies are after you.

This article is available via one of the best resources for people who are inclined to challenge banks, debt collectors, or any aspect of consumer relationships, NOLO.com.

One of the most important pieces of advice anyone will give regarding debts Continue reading