A Quote by Gary Weiss

Debt collectors should be required to disclose the applicable statute of limitations in the body of their collection letters, in bold type. While it's not illegal to dun a consumer for an old debt, it is illegal to sue for one.

Gary Weiss

Quote Topics

Applicable Body Bold Collection Collectors Consumer Debt Disclose Illegal Letters Limitations Old Required Should Sue Type While

Quote Author

Gary Weiss
American - Journalist

It defies logic that protections against predatory debt collection practices don't apply to debt collectors hired by the federal government.

Cory Booker

I'm very interested in the more grass-roots consequences of the economic meltdown: issues related to mortgage foreclosures, debt collection, and the practices of credit card companies and others who hold a lot of consumer debt.

Eric Schneiderman

With all this consumer debt, business debt, government debt, smaller movements in interest rates have a magnified effect. a small movement can tip the boat.

Bill Gross

Bad debt is debt that makes you poorer. I count the mortgage on my home as bad debt, because I'm the one paying on it. Other forms of bad debt are car payments, credit card balances, or other consumer loans.

Robert Kiyosaki

Long term debt and bank debt (including off-balance sheet financing must be judiciously employed. There must be room to expand the debt position if required.

Peter Cundill

There's also consumer debt, the credit card debt that burdens many of the working families in America. Yes, we talk about national debt, and we're paying a lot down. But you're fixing to hear me tell you part of the remedy for people who have got a lot of credit card debt is to make sure people get some of their own money back.

George W. Bush

The interesting thing is it's outside the statute of limitations for a civil suit by Leeds. It's actually is not outside of the statute of limitations under the criminal side. Because it occurred on an airplane and federal law doesn't have a statute of limitations I know off for that particular offense.

Megyn Kelly

The French debt will remain massive. Savings should be made with cuts to the generous social system, which grants illegal immigrants the same protections as it does our citizens.

Marine Le Pen

When you default on a secured debt, the creditor takes the asset that backs up that debt. When you convert credit card debt to mortgage debt, you are securing that credit card debt with your home. That's a risky proposition.

Jean Chatzky

There's nothing normal about graduating with massive student debt, where you live in fear of predatory debt collectors and wage garnishers even as you are starting to live your life.

Pramila Jayapal

I hope that the United States would cooperate with the partners to reduce its debt. The debt is a problem. The debt is with you, but unfortunately, the debt is not only with you but with us and with the rest of the world because we all, one way or another, are dependent on the dollar.

Sergei Lavrov

An example of good debt is the debt on the apartment houses I own. That debt is good only as long as there are tenants to pay my mortgages. If tenants stop paying their rent, my good debt turns into bad debt.

Robert Kiyosaki

Goals work. Pick one debt, and then put every dime into paying down that one debt. Once that debt is paid off, start paying down the next debt. Pretty soon it's time to move from paying debt to building savings.