A lady called today and said I owed them $ 8000.  They threatened to take my home and said they had a big file on me at the police office. This is the first time I ever heard from them.

No. This is a typical threat from collection agencies. This is also a Fair Debt Collection Practices Act (FDCPA) violation. They cannot threaten you with actions that they cannot legally make. You should contact an attorney in your area that handles those types of cases or feels free to contact my firm.

Categories: Fair Credit Reporting Act, Mortgage and Foreclosure