Learn what collection agencies can not do. The collection agencies to deal with a lot of different tactics to get to pay the debt. Constantly calling, leaving threatening messages, and send tons of letters. If you can not find the phone number we have on file for you, will seek to find other numbers you may include your job. You can fool to think you get a call from an old friend or neighbor, orare your creditors and only call to verify the information, just to get on the phone. They may try to insist on their emotions or feel bad about not being able to pay the debt. It will stop at almost nothing.
It is important to know what is legal for a collection agency to do and what not. According to the Fair Debt Collection Practices Act, there are specific guidelines on how a collection agency iscarried out. Here are some things to the collection agency may not:
- To call before 8 am or after 09:00.
- It repeatedly calls the telephone rings or simply to annoy.
- Called if you send a certified letter asking you not wish to be contacted by phone. (State in this letter are only to be contacted by mail.)
- Using obscene or vulgar language when talking with you, or in messages.
- Making false or misleading information, includingoffice pretending to be a lawyer or pretend to be someone who is not. (This may also include threatening legal action when they have no basis for litigation.)
- Send the future is false documents of the company misleading. (An example would be sending a letter on letterhead that looks like it is from a lawyer's office, while in reality is a collection agency.)
- Making any attempt to contact by mail.
- Any otherunfair practices to collect a debt. (Examples include the collection of any amount that did not agree or accept a postdated check that is more than five days unless you agree in writing.)
If you feel you have been illegally prosecuted and / or threatened by a debt collection agency, please know that there is no need to sit and take abuse. Just because you have money does not mean you have to be harassed and afraid to pay. If a collectionthe agency has violated these guidelines, which have the right to contact an attorney or the attorney general's office. You can also call the Federal Trade Commission (FTC) to help line at 1-877-FTC-HELP. You should not feel that he is helpless and has to endure abuse collection agency.
collection agencies are annoying, but you have a defense. You should consider debt settlement immediately. A professional debt consultant may be able to helpreduce the amount owed so you can afford to clear accounts. Many counselors also act as professional debt negotiators can negotiate payment options with the lender and get your debt reduction up to 60% of the original balance. Once the agreement is an agreement, and are not responsible for the rest. When you pay, your credit report will reflect that the debt has been settled and paid off. You may be surpriseddebt relief that a professional debt negotiator can get. Many of them are free until the debt is settled. In general, debt negotiation is a situation where everyone can get to meet. The creditors are paid their settlement, you get peace of mind.
Do not let collection agencies scare. Get tips, learn about their rights, take control and get your finances on the road to recovery.
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