Phantom Debt: The Haunting Reality of Consumer Ghost Debts
Manage episode 433141271 series 2911349
David Pelligrinelli에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 David Pelligrinelli 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
Introduction to Phantom Debt:
- What is phantom debt?
- How can it negatively impact you?
- Effective strategies for dealing with phantom debt.
Recent Developments:
- Highlight of a recent CNBC article on the resurgence of phantom debt.
- Explanation of phantom debt as loans or obligations considered dormant that are reappearing.
Historical Context:
- The impact of the 2008 financial crisis: foreclosures, repossessions, judgments, and liens.
- How debts from that period, once thought to be gone, are now resurfacing.
Current Situation:
- The role of inflation and economic changes in the reappearance of these debts.
- How private collection agencies purchased these debts and are now actively pursuing repayment.
Statutory Periods and Debt Validity:
- The misconception that debts disappear after a certain period (e.g., 7 or 10 years).
- The ability of lien holders to extend the validity of debts through additional filings or activities.
Taking Action:
- Steps to address phantom debt:
- Consider filing for a lien release.
- Options for notifying lien holders or seeking court-ordered lien releases.
- Importance of verifying the status of debts beyond just credit reports.
Practical Advice:
- How to conduct title searches for real estate or vehicles.
- The process for formally removing obligations from assets.
Expert Assistance:
- Reminder about the availability of live, one-on-one consultations with various experts:
- Licensed private investigators
- Commercial insurance brokers
- Certified real estate title examiners
- Certified civil court mediators
- Licensed building general contractors
- Encouragement to visit ActualHuman.com for personalized assistance and advice.
Conclusion:
- Emphasis on proactive measures to prevent phantom debt from affecting future financial decisions.
- Thank you for listening and the invitation to seek expert help if needed.
1171 에피소드