debt

Connecticut residents logging into their Facebook accounts may soon find a nasty surprise waiting in their inboxes. Credit card debt agencies and other collectors are already known for harassing debtors at their homes and places of employment. Some are beginning to take it a step further and target people on social networking sites. One woman was subjected to this after she logged into her account and was confronted with a message asking her to call someone about a debt she owed.

Foreclosure proceedings can be nerve-wracking and upsetting for homeowners in Connecticut and elsewhere. Although there is an expected bounce in the housing markets, some are speculating the crisis may not be quite over yet. Home sales across the nation in October reportedly reached a five year high, up 11 percent from 12 months ago.

Connecticut fans of "CSI" may be familiar with Gary Dourdan, one of the actors on the television show. He is making headlines for a different reason this time and is reportedly seeking a consumer bankruptcy. Documents in the case show the actor has about $1.8 million in assets, but owes $1.73 million. A major part of his debt is owed to banks.

Many Connecticut residents may have struggled with credit card debt at one time in their lives. However, it could be important to note that some of those credits charges may have been fraudulent. When a credit card number is stolen, many charges come from sex-related internet sites. Although the credit card company will deny the charges, collection companies may step in and purchase the fraudulent debt for relatively little money in order to attempt to force the consumer to pay off the credit card debt.

It's little surprise that more consumers are beginning to fight against credit card debt. With high incidents of identity theft and erroneous reporting information in Connecticut and around the country, consumers are sometimes left holding the bag. A recent fight over credit card debt has highlighted the practices of debt collection agencies across the nation.