If creditors are harassing you, send a letter of transmittal to stop. (This is called "cease and desist" letter should include your name and account number, a request to stop communicating with their rights under the laws of the federal debt collection and a line indicating that civil and criminal will if the requests are against the request.) The law provides that the collections company can contact once more to giveexplanation of their next actions, and other methods of collecting this debt in particular stopped, or the collector intends to take further action. If contact beyond this single case, so you can go to court and seek punitive action by the collector for violation of the Fair Debt Collection Practices Act
Compile a list of your expenses. After listing all income, create a list of all the costs.Include all accounts, even small ones. After writing your monthly bills, make a list of personal expenses. This is where a budgeting software program or website can help. Include things like gas, spending money, food, entertainment, shopping, hairdressing, dry cleaning, etc. .. Try anything you can think of that list, so you can get a good idea of what is needed for the budget.
Figure where you can cut. Many of us are spending money in places that are notnecessary. If you have a shortage of funds in relation to their income, hard look at his post. Maybe you could cut the cable bill or reduce cell phone minutes. See where you can reduce spending to help the shortage and make your budget work.
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