Not being harassed by a debt collection agency

Debt collection is big business today. Financial institutions and other companies have already committed most of their collecting activities of the house. Today it is more common to outsource or even sell the debts to collection agencies and consumers. Unfortunately, more than some of these companies employ tactics that amounted to harassment. You, as a consumer should be aware of their rights when faced with the prospect of dealing with debt> Collection Agency.

Use the following tips to ensure you are not satisfied with the unacceptable practices of debt collection.

Under the Fair Debt Collection Practices Act (often referred to as the "FDCPA"), you have certain rights to sue collectors who unlawfully threaten, or harass you.

When faced with a debt collector is not required to:

To support or otherwise acknowledge that the debt is owed.
Disclose private information about their assets or income.
Discuss anything with a collector unless you want.

Debt collectors can not threaten to send to jail, gets hurt or contact your employer, neighbors or relatives of the debt. They can not add the collection costs or late "fees." They can not make and sell your home if you do not have a mortgage or a court order.

Before paying anything, really do not support the debt!
Check yourrecords and obtain legal advice if you think you are responsible for paying the debt. All other communications from the collection agency must stop until the debt is validated.

If the debt is of a car or personal loan, mortgage or credit card, you are entitled to see copies of the loan. If the creditor refuses to provide copies promptly inform the consumer protection agency in your state.

There are many good defensesWhy do not you have to pay all or part of the debt:
mistaken identity
the amount due is calculated incorrectly
have not received the goods for which payment is claimed
already paid debt
If the debt is very old, you may have a defense under the statute of limitations.

If you know you should do the remaining amount, negotiate to pay a reduced amount to settle the debt or make a payment plan. If a payment agreementis done, confirm in writing and keep a copy of the letter.

Finally, it is best to consult a lawyer if you think you have a legitimate reason for not paying.