Credit Tip: How to Deal with Debt Collectors
September 132009
When dealing with a collection agency, the most important this is to stay quiet. Say as little as possible. Ask for information about the debt in writing — they are required by law to comply. This gives you time to research your options.
Did you also know that debt collectors are not allowed to call you at work if you’ve told then your employer doesn’t allow such calls?
Union Plus Legal Service can help if you need legal istance with debt collectors. Visit http://UnionPlus.org/Legal or call 1-888-993-8866 to find an attorney.
Debt collectors generate more complaints to the FTC than any other industry. Arm yourself with the information to help put debt collection calls behind you.
Duration : 0:1:42
The recession has forced business-to-business debt to rise to nearly 40 percent. But that’s good business for debt collection agencies, including one in Plano, Texas. (Aug. 19)
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This is part 1 of 2, so make sure to watch part 2! This is my speal on recent experiences with a debt collector. I hope I can help out anyone who sees my entry.
http://www.collectionagencyservices.net - Does your business need a collection agency? Debt is on the rise. Who is going to show YOU the money?
While the climate might seem ripe for the collection industry to cash in on troubled account-holders, problems in the housing and employment markets have actually made their jobs a lot tougher, as they try to recover funds from people who have little or nothing to spare. As a result, the tactics used by some collectors have become more aggressive. Join Thomas Fox, Cambridge Credit Counseling’s Community Outreach Director, as he discusses information you should keep in mind if youre contacted by a collection agency
Me playing Ben Lee’s “The Debt Collectors”
The Federal Fair Debt Collection Practices Act protects consumers against the bullying tactics that were once stock-in-trade practices of collection agencies. If you feel you are being unduly pressured. Or are you actually being harassed by a bill collector, the FDCPA offers a simple way to put a stop to it. All you have to do is send the bill collection agency a letter saying that that you will not or cannot pay the debt and you want the agency to leave you alone. Send the letter by certified mail, return receipt requested, so you can be sure the agency receives it. Once you have done this, by law the collection agency may not contact you again, except to say that collection efforts have ended or that some legal action is being taken against you. If a collection agency continues to badger you after you have sent the letter, be sure to keep notes about the offending contacts. Then you should notify your state attorney general’s office you may have a legal case against the collection agency.
http://stopdebtcollectionharassment.blogspot.com/
another bailiff belter - check it out lol i love it