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Old 07-03-2018, 10:25 AM
 
570 posts, read 375,905 times
Reputation: 349

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Say you owe some money, and you are obviously ducking and dodging loan companies that you owe. Even going as far as closing a bank account so that loan companies won't take any money out of the account, is it possible for someone who is close to you to blow the whistle on you and tell the loan company that you closed your bank account, and telling them where you work and where you live out of spite? If so, is it legal to do this?
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Old 07-03-2018, 11:05 AM
 
Location: The Triad (NC)
26,844 posts, read 57,851,863 times
Reputation: 29235
Find a credit counselor near you.
They'll help you sort it out.
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Old 07-03-2018, 11:09 AM
 
Location: Northern panhandle WV
2,249 posts, read 1,745,861 times
Reputation: 4553
Yes it is possible and yes it is legal. But they would be a real stinker to do it.
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Old 07-04-2018, 10:21 AM
 
855 posts, read 568,436 times
Reputation: 863
Quote:
Originally Posted by CinnaBunney View Post
Say you owe some money, and you are obviously ducking and dodging loan companies that you owe. Even going as far as closing a bank account so that loan companies won't take any money out of the account, is it possible for someone who is close to you to blow the whistle on you and tell the loan company that you closed your bank account, and telling them where you work and where you live out of spite? If so, is it legal to do this?
It wouldn’t take them contacting someone you know. Most information about u is readily available online. It’s not very hard to “Skip trace” someone nowadays. And for the bank account, the creditor was perhaps notified that the account was closed. ESP if you used it for recurring payments. Free advice: contact the creditor(s) they have regulations and rules they must follow. They aren’t going to “Yell at or scold you”. They just want the money they lent you.
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Old 07-04-2018, 10:50 AM
 
Location: North Idaho
20,999 posts, read 25,750,723 times
Reputation: 39380
I can't imagine myself being in that position. Really? Borrow money and then spend the rest of your life hiding? What a miserable life.

Yes, anyone can drop a dime on you, both to your creditors and to the IRS. It's perfectly legal.

However if you are trying to figure out which one of your friends ratted you out, you waste your time. It's very easy to find someone without any input from their friends and family. Just because your creditor found you, that doesn't mean they got your information from your friends.
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Old 07-05-2018, 09:32 AM
 
Location: Oceanside, CA
1,738 posts, read 827,032 times
Reputation: 3894
Quote:
Originally Posted by CinnaBunney View Post
Say you owe some money, and you are obviously ducking and dodging loan companies that you owe. Even going as far as closing a bank account so that loan companies won't take any money out of the account, is it possible for someone who is close to you to blow the whistle on you and tell the loan company that you closed your bank account, and telling them where you work and where you live out of spite? If so, is it legal to do this?
I would sure as heck hope they would! Someone needs to pay what they owe.
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Old 07-05-2018, 01:15 PM
 
9,266 posts, read 7,289,484 times
Reputation: 22742
Why would it not be legal? I can call anyone I want and tell them anything I want to tell them.

There is no privacy agreement between you and family/friends.
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Old 07-06-2018, 06:52 AM
 
6,153 posts, read 1,500,623 times
Reputation: 4483
Debt collectors do not need to rely on someone snitching, they have many ways they can locate someone or get a current phone number.
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Old 07-06-2018, 08:42 AM
 
3,536 posts, read 1,988,790 times
Reputation: 6128
drugs are serious, don't do them.
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