As who's been through it can attest, dealing with debt collectors and navigating the collections process can be an overwhelming experience. If Bull City Financial Solutions has contacted you recently in an attempt to collect a debt, it’s important that you understand how to properly handle the situation – there are certain protocols that must be adhered to on both sides.
In this blog post, we will provide tips for managing collections activity from Bull City Financial Solutions in order to ensure that your rights are protected and clear communication is maintained throughout the entire process.
Debt collectors like Bull City Financial Solutions - founded in Durham, NC in 1975 - are responsible for collecting unpaid debts from consumers or companies. Debt collection can involve anything from phone calls, emails, letters and other communication tools to make sure that creditors gain maximum repayment on the debt.
By working with a third-party debt collector like Bull City Financial Solutions, the original creditor is able to save money in labor costs while also increasing the probability of being reimbursed on their bad debt.
Yes, Bull City Financial Solutions is a real company. If the company is contacting you, be sure to confirm their contact information below:
While the company is not a scam, there are con artists who will impersonate legitimate collections agencies to extract payment for nonexistent debts. Be sure to verify the legitimacy of any debt collection agency that contacts you.
Being contacted by Bull City Financial Solutions regarding an outstanding debt can be a stressful experience - especially if you didn't realize you owed money in the first place. Often, what appears to be an unknown debt can be explained away simply by changes of address or not receiving notification of the bill - this may lead to unpaid debts that simply remain unnoticed until they become seriously delinquent.
However, it is also possible that the debt does not belong to you at all, or that the amount requested is inaccurate. Here are some of the circumstances where this could happen:
If you believe one of the debts being collected by Bull City Financial Solutions may not be yours, or that you have already paid those charges off completely, you should take action. Contact us at Fair Credit - we offer free case reviews, and can help you to remove any errors from your report. Our team will handle all disputes on your behalf.
The FDCPA was enacted in 1978 to ensure that debt collectors do not use intimidating or aggressive tactics such as lying, using profane language or threatening to take action they can't legally take. Being aware of your legal protections will empower you to stand up for yourself if Bull City tries to cross any established boundaries.
Here are some of the prohibited behaviors under this law:
Having written proof such as records of correspondence or telephone conversations will give you the upper hand if any violations arise, giving you better chances of holding Bull City Financial Solutions accountable.
It is also beneficial to consult a skilled lawyer before taking legal action - they can provide guidance and advice on what options to pursue so that you don't make any costly mistakes in protecting your rights.
Bull City Financial Solutions provides debt collection services for debts related to government and municipalities, healthcare, education, utility, retail, and financial institutions. Each kind of debt has different protections and rights — for instance, congress recently passed legislation providing enhanced protections to those dealing with unpaid medical bills.
If you're unsure of how best to manage your unique situation, seeking the advice of legal counsel might be the wisest option. Understanding your rights can help ensure that you make the best decision for resolving your debt.
Debt collections from Bull City Financial Solutions can make it difficult to get approved for loans and other financial services. Fortunately, there are several steps you can take to permanently remove this item from your record. Here are a few steps you can take:
Whatever method you choose, accelerating the process is in your best interest - if you find you need guidance throughout the process, a qualified attorney can help walk you through each step and maximize your odds of a favorable outcome.
At Fair Credit, we recognize how important consumer protection is. Facing up to Bull City Financial Solutions may seem intimidating, but it doesn’t have to be – that’s why our team of legal experts is here to help you take a stand. Contact us today!